Regular Ulips’ maturity proceeds attract tax if their annual premiums exceed Rs 2.5 lakh. However, Budget 2025 has granted a ...

Taxpayers should give consideration to the form in which they make charitable donations. They might deliver more benefits to ...

Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...

Approximately 99 percent of the gifts received during Nawaz Sharif and Musharraf's terms (1997-2001) were retained by the receivers, with 45 per cent in free and the rest as low as Rs 50 per gift, ...

A burgeoning appetite for global diversification is driving Indian investors beyond domestic shores. Driven by a combination of technological advancements, a more permissive regulatory landscape, and ...

Inheritance tax (IHT) takings soared to £6.8billion in the eight months from April to December 2024, new figures show. This ...

Today is a day when work proceeds smoothly, allowing you to feel a pleasant sense of achievement. Thanks to the warm holiday ...

Newlywed couples in Northeast and mid-Atlantic states expect some of the most generous wedding gifts in the country, a new ...

Boom Supersonic’s XB-1 demonstrator is set to exceed Mach 1 (770 mph) in a series of four-minute runs above the Mojave Desert ...

I will inherit a substantial amount of money. I intend to pass on my estate to my nephews and nieces and some to charities.

Linking budget expenditure with outcome targets has shown promise in pilot projects. It can bring about the behavioural ...