The new Income Tax Bill is intended to simplify the direct taxation regime in India and replace the Income Tax Act of 1961 ...

The new Income Tax Bill, tabled by Nirmala Sitharaman, aims to simplify and modernize India's tax system. It will replace the ...

Prime Minister Narendra Modi was on a two-day visit to France, during which he co-chaired the AI Action Summit with President ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

For federal estate and gift tax purposes, transfers are valued at the “fair market value” of the asset on the date of transfer. One of the more ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Transferring a home to your children can offer them divorce, creditor and tax protections as well as provide a mechanism for managing the property.

When they eventually take over, they bring fresh ideas and added value to the table.” Insurance is an essential component ... meaning assets located anywhere in the world are subject to estate or gift ...

Despite SEPTA's austerity measures, the transit agency will need to make drastic cuts if Harrisburg can't provide more ...

Governor Kathy Hochul is proposing a tax break to reimburse organ donors. The state has failed to implement a 2022 law that ...

The British Virgin Islands, for example, has no corporate tax, estate tax, inheritance tax, gift tax, or sales tax, and there's an effective income tax rate of zero. Without tax income ...