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Transcripts For FOXNEWS America Reports 20240706

brand-new at 2:00. hi, sandra. sandra: sandra smith in new york. right into a jam packed hour with this fox news alert. faa has been charged with modernizing notam for ten years. why has it taken ten years? we have been on a journey of modernization. let me ask again, why has it taken ten years and why is it still not done. it does take a while. these systems the complexity. everyone shut down the first time since 9/11. john: acting head of the faa getting grilled on capitol hill over the air travel debacle, the first nationwide ground stop since the september 11th attacks. sandra: faa says it is now taking steps to avoid a repeat of that massive system failure but already several incidents of near collisions have travelers rethinking their next trips. john: even some lawmakers questioning the agency s priorities, listen here. do you believe that that is your mission at the faa to mitigate climate change and increase equity, is that your job at the faa?

Tax authorities probing Raymond s consumer care business sale to Godrej: GST in focus

Tax authorities believe the deal should be subject to 18% GST, and are currently reviewing documents given by the involved parties.

No angel tax scrutiny for DPIIT-recognised start-ups: CBDT tells officers

Offshore properties may face scrutiny

The OECD report to the leaders of G20 nations at the New Delhi summit has made proposals with far-reaching implications for tax compliance related to overseas property holdings

Transcripts for FOXNEWS America Reports 20240604 19:19:00

that s right, waiters and waitresses who live off tips could soon be under new tax scrutiny. the irs promised to use a new $80 billion taxpayer fund to crack down on the rich. critics say it doesn t sound like they are cracking down on the rich. larry kudlow has got reaction in just moments. but first lydia hu live in a restaurant in montclair, new jersey, speaking to servers firs firsthand. what do folks at the restaurant think? hi there, john, they think it s a pointless exercise, they say 95% of their tips are already processed through credit card transactions, so they are accounted for and tracked in that way. take a listen to this. the owner of this diner here, watch. a lot better places the irs could be focusing, you know, you hear in one breath it s high net worth individuals, then the

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