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

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

A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

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

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

As more people seek ways to reduce their tax liability after recent Budget changes, families are reminded of a gifting option ...

Gretchen Whitmer proposed a $3 billion road-funding plan Monday, including tax increases on businesses and marijuana to help ...

LANSING — Business groups are bracing for a battle over Gov. Gretchen Whitmer's planned call for a corporate income tax ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

The beginning of each year is a great time to start next year’s tax planning. One area to help reduce your tax obligation, that benefits from an early in ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...