Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

Finance Act, the government extended the "Specified Fund" tax regime to retail schemes in IFSC, subject to prescribed ...

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

As per RBI norms, resident individuals can remit up to $250,000 per financial year for various permissible capital and ...

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

Brits who have gifted money to family members in the past seven years have been warned that they could be liable for ...

The 2024 law is similar to a law Pritzker signed in 2019 creating a property tax relief task force. The report that resulted ...

Nevertheless, the fundamental principle of paying as little in estate taxes as legally permitted is still an imperative for many families. However, the IRS also imposes Gift Taxes on transfer of ...

Robert Powell: The Tax Cuts and Jobs Act was enacted in 2017 and was scheduled to sunset after 2025, but who knows in the wake of the federal election. Here to talk with me about this is Noah Harden, ...

Governor Gretchen Whitmer’s road funding plan would take a tire iron to Michigan’s legal cannabis industry. The plan outlines ...

I would like to understand the potential tax implications in India on this. -Name withheld on request As per FEMA or Foreign Exchange Management Act regulations, under the Liberalized Remittance ...

The government clarifies: "Any Inheritance Tax due on gifts is typically paid by the estate, unless you give away more than ...