Among the benefits that investors can hope to realize by utilizing ETFs within their portfolios, tax efficiency is one most ...

The Union Budget 2025 introduces a series of measures aimed at enhancing the competitiveness and attractiveness of units in International Financial Services Centres (IFSC), with a particular focus on ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

Another issue raised was whether disallowance under Section 14A should be added back to book profits under Section 115JB of the Act. The Tribunal noted that similar adjustments had been overturned in ...

Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the term “Assessment Year” with “Tax Year”, eliminating British era references ...

On January 8, 2025, the Securities and Exchange Commission's (SEC) Division of Investment Management (Division) issued responses to certain ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

Finance Minister Nirmla Sitharaman in her budget speech revealed about the new income tax bill, which is likely to be ...

When Trump slashed corporate taxes from 35% to 21% in 2017, corporate spending rose but not enough to make up for government ...

Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

An affordable-housing deal that uses federal LIHTC funding is much more likely to achieve other key sources of financing for ...