"us-treasury-department"

Donald Trump has sued the IRS and Treasury Department, seeking $10 billion in damages over a tax return leak by a former contractor, alleging data security failures and reputational harm to his family and business interests

Nelson added that the US will take necessary action to hold accountable those who facilitate or enable such activities.

In a new report on tax compliance proposals, the Treasury Department's Office of Tax Analysis estimated that the move will help raise an additional $700 billion in tax revenue over the next 10 years

Commerce Secretary Anup Wadhawan said that India's overall forex reserves have been fairly steady, below $500-600 billion, and the country is not accumulating reserves like China.