The new 'Trump Accounts' provide a $1,000 seed payment for eligible children. Learn what they are, who qualifies, and how ...

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

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 ...

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 ...

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

President Donald Trump’s reaction to the fatal stabbing of Hollywood icon Rob Reiner and his wife is drawing backlash, even ...

Rob Reiner and wife Michele Singer found dead in LA home; Trump posts on Truth Social blaming “Trump Derangement Syndrome.” ...

Several taxpayers in India have not received their income tax refunds for the assessment year 2025-26, with delays attributed ...

Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that the main reason is extra scrutiny of suspicious claims, especially in ...

Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include failing to verify ITRs within 30 days, not addressing defects, or having ...

In a noteworthy decision, the Income Tax Appellate Tribunal in Kolkata has come to the aid of an employee who found themselves in a challenging situation. Despite the employer's failure to remit TDS ...