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

2025 provincial and territorial income tax rates Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax (except Quebec) is calculated in the same ...

For many farm and ranch families, bringing children or grandchildren into the operation is the ultimate goal. Successfully ...

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 ...

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

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

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 ...

Tax experts said they had seen an increase in clients giving chunks of their wealth to family members amid fears the rule ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

The IRS has released new inflation-adjusted figures that can impact your estate and gift planning. These numbers seem like a ...