Many of our clients are interested in engaging in global philanthropy. These individuals often want to benefit charitable causes outside of the ...

On January 17, 2025, news sources reported that Republican members of Congress circulated a detailed list of legislative ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

The Income Tax Bill 2025 has several aspects to be considered by the Non-Resident Indians as Clauses replace Sections.

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

Living outside the U.S. doesn't exempt you from filing taxes. Here's what you need to know about filing taxes from abroad, ...

The AO initially passed an assessment order, making additions related to transfer pricing adjustments and disallowance under Section 14A. Subsequently, the assessment was reopened under Section 147 ...

For those married and filing jointly, the standard deduction has been raised ... or more qualifying children. The Foreign Earned Income Exclusion, estate tax credits exclusion, annual exclusion ...

Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...

In just seven months, the salaried class paid Rs100 billion, or 53%, more in the midst of a high cost of living with no ...

The new Income Tax Bill, which is scheduled to be tabled on February 13, will classify virtual digital assets, commonly known ...

Businesses in foreign trade zones can defer paying duties and taxes until their products leave the zone at the point of sale.