Many NRIs are unsure about the tax implications of operating family accounts. Here’s clarity on beneficial ownership rules ...

Any monetary gift a non-resident receives from a resident is taxable in India if the total exceeds ₹50,000, according to the ...

Step 1: Fee Payment Visit the Income Tax e-Filing Portal. Select 'Link Aadhaar' under Quick Links. Enter your PAN and Aadhaar ...

A new job usually means better prospects and a fresh start. Yet, in the rush to move on, one costly mistake is common: ...

The High Court set aside a GST demand after finding that tax proceedings were initiated against the wrong person due to clerical errors. The ruling underscores that adjudication based on incorrect ...

Christmas always brings a welcome surge of bonuses, gifts, and a refreshed resolve to organise money better. It is also the ...

The ITAT held that taxing only TDS credit, while leaving the underlying undisclosed commission untaxed, is a patent error. Section 263 revision was rightly invoked to protect ...

Trevor Lawrence threw three touchdown passes and ran for another score, leading the Jacksonville Jaguars to a 34-20 win over ...

Upon exercise and allotment, the employee acquires beneficial ownership of foreign equity shares. Such exercised ESOP shares ...

You may have heard about new savings and investment accounts for children known as "Trump accounts." They got a big boost ...

Takeaways A provision of the One Big Beautiful Bill Act created “Trump Accounts,” a new type of individual retirement account (IRA) for children. Starting in 2026, a Trump Account may be opened for ...

Active-duty and federal employee veterans have until Dec. 31 to contribute to their Thrift Savings Plan for 2025. The annual limit is $23,500, with an extra $7,500 catch-up for those 50 and older; or ...