The Income Tax Appellate Tribunal in Delhi has made waves with its recent ruling. Taxpayers can now benefit from capital gains tax exemptions when they sell Indian property to invest in international ...

The 2025 Act introduces compulsory tax audit for businesses declaring profits below 6% or 8% of turnover. The shift eliminates the earlier opt-out condition, expanding audit applicability from ...

Explore the latest NRI capital gains tax rules under the Finance Act, 2025, including rates, asset classifications, and strategies to minimize liability through exemptions and ...

Selling a house and some mutual funds but planning to invest both proceeds in one new home to claim tax benefits? Today's Ask Wallet Wise decodes how you can legally claim capital gains exemptions ...

Selling long-term capital assets can generate a windfall but also triggers hefty capital gains tax. If you plan on selling some of your assets, you can save on tax using sections 54 and 54F of the ...

There are a few constants in the small-business world every fall: pumpkin spice everything, a sudden panic about Q4 goals, and that wonderful realization that Section 179 is still here, waiting to ...

WASHINGTON (Gray DC) - A group of Democratic lawmakers is taking on the ultra-wealthy, proposing a bill that would require them to pay what they owe. Senate Finance Committee Ranking Member Sen. Ron ...

This ETF is a low-cost way to generate a high yield from a variety of stocks. However, the fund is highly concentrated in just a handful of sectors. Here are the pros and cons of the sector ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

New Delhi: The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance ...

Understanding India’s income tax landscape can help charities ensure compliance, optimise tax benefits, and enhance their impact, writes Raghav Bajaj of Khaitan & Co However, this exemption is ...

The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Trump’s, with the help of Senate Democrats. Sen. Jacky Rosen (D-Nev.) ...