DVLA delays: call for licence extensions as complaints flood in

Government urged to step in and resolve backlog in applications or ensure motorists’ ID is returned Last modified on Sat 3 Jul 2021 02.11 EDT Motorists left for months without a valid driving licence are calling on the government to automatically extend dates for a year, and help clear the backlog, as complaints about the DVLA continue to pour in. […]

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Biden's 15% global minimum tax supported by 130 countries, territories

Biden, G-7 world leaders find common ground on global minimum tax Biden and G-7 summit world leaders reach agreement on global minimum tax. FOX Business’ Connell McShane with the latest. The push to establish a global minimum tax – backed by President Biden – has support from 130 countries and territories, according to the Organization for Cooperation and Economic Development. […]

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‘GNPA ratio may rise up to 11.2% in FY22’

RBI sees banks’ gross NPA ratio climbing to 9.8% under baseline scenario, from 7.48% in March 2021 The gross non-performing asset (GNPA) ratio of India’s Scheduled Commercial Banks (SCBs) may climb by the end of the current fiscal year to as much as 11.2% under a severe stress scenario, from 7.48% in March 2021, the Reserve Bank of India (RBI) […]

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130 countries back deal on global minimum tax for companies

More On: corporate taxes Analysis says Biden’s tax plan will effectively cut lower- and middle-class wages G-7 nations strike ‘historic’ tax deal to make tech giants pay fair share Amazon wins EU court fight over $300 million tax bill Andrew Cuomo’s pathetic SALT obsession Some 130 countries have backed a global minimum tax as part of a worldwide effort to […]

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House passes $715B transportation, water bill amid bipartisan infrastructure push

‘Partisan’ infrastructure bill sacrifices rural America to spend money in urban areas: Illinois congressman Rep. Rodney Davis, R-Ill., on how the current infrastructure bill would impact his constituents.  The Democratic-controlled House voted on Thursday to approve a $715 billion transportation and water infrastructure bill, a five-year initiative focused on rebuilding the nation's roads, rail, public transit and water systems.  The […]

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Today's mortgage rates hit every mark: up, down, and steady | July 1, 2021

Check out the mortgage rates for July 1, 2021, which are trending up from yesterday. (iStock) Based on data compiled by Credible, 20-year fixed and 10-year fixed mortgage rates are up, while 30-year rates held steady and 15-year rates declined since yesterday. 30-year fixed mortgage rates: 2.875%, unchanged 20-year fixed mortgage rates: 2.750%, up from 2.625%, +0.125 15-year fixed mortgage […]

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How to refinance a vacation home

A few key differences make refinancing your vacation home a bit more challenging than refinancing your primary residence. (iStock) Refinancing a vacation home has the same advantages as refinancing your primary residence — it may help you save on interest costs, or lower your monthly mortgage payment.  But the refinancing process differs for a vacation home. The mortgage interest rate […]

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