Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...

Selling land? Location is everything. A few kilometres could push your property into taxable territory, making the difference ...

As digital products and services continue to proliferate, states have begun to address the sales tax implications of sales of Software as a ...

“A Dewani case refers to inheritance related disputes that can span over decades. The term ‘dewani’ is derived from the word ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal ... tax advantages than regular gifted securities. All inherited stock is treated as long-term property, and ...

This article explores the recent changes to the FIC Act and the implications for Trust and Company Service Providers in South ...

The First Home Savings Account (FHSA) is a new tool to help first-time prospective home buyers save for a down payment on ...

By anticipating uncertainties and taking preventive measures, investors can better safeguard their retirement goals amid life ...

A fight over so-called "truth in sentencing" legislation between Drew Wrigley and state prison officials has gotten ugly, and ...