The budget has created a tax arbitrage for non-resident Indians (NRIs) investing in unit-linked insurance plans (Ulips) ...

Hoping for more aid to cope with rising budgets, municipalities eye possible increases in revenue sharing rates ...

My wife is an executor to the will so might she be liable for any tax the charities have to pay? Estate planning expert Ian Dyall replies.

As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, ...

Sending a birthday card or other gift? Here's what the U.S. Postal Service says about the legality of sending cash in the ...

In some ways, our discretionary spending money feels the most real to us. But it can also be the most dangerous.

CIT (A) has erred in confirming the addition of Rs.6 lacs which was added by the Assessing Officer on account of unexplained cash found at the residential premises during the course of search. 2. The ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

LANSING — House Speaker Matt Hall said Thursday he is open to raising Michigan's corporate income tax to keep intact funding ...

Most U.S. taxpayers expect a refund this year, and many plan to put it toward necessities. But a handful say they'll put it all in savings, where rates are currently high.

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