The Tribunal emphasized that an error regarding VRS exemption made by a salaried, non-technical taxpayer cannot be classified as deliberate under-reporting. With no false claim or suppression, the ...

The Bombay High Court condoned a 338-day delay in filing Form No. 10 for income accumulation under Section 11(2), holding that genuine hardship justified relaxation of procedural ...

The Public Provident Fund (PPF) remains one of India’s most reliable long-term investment options, offering guaranteed, tax-free returns backed by the government. At the current 7.1% interest rate, ...

Taxpayers who make frivolous arguments in Tax Court risk the imposition of penalties by the court of up to $25,000.

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

RiverNorth Flexible Municipal Income II offers unique trading value among muni CEFs. Here's what investors need to know about ...

The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the ...

Prime Minister Benjamin Netanyahu asked Israel’s president to pardon him preemptively, before any verdicts were reached in ...

Intended to bolster local access to lending, large credit unions today are swallowing up community banks. A Trump purge has reduced their oversight.

India’s new Labour Codes mark a major shift in worker protections, especially with three powerful reforms that directly ...

A student media report showed Augustana University has reported its first deficit since 2009. In addition, the private university located in central Sioux Falls ...

An increasingly popular avenue is Article XI, a New York City program that eliminates real estate taxes, one of owners’ ...