The Income Tax Department has flagged cases involving non-disclosure of overseas assets and foreign income. (AI image) Income Tax Notice alert! The Income Tax Department is cracking down on alleged mi...
Yale College to trim staff by 7.5% as endowment tax pressures mount In a significant move reflecting the financial strain on elite American universities, Yale College is set to reduce its staffing by ...
Yale graduate school shrinks enrollment as budget tightens; Law School holds steady Yale University’s Graduate School of Arts and Sciences is reducing student enrollment as it prepares for financial p...
Kim Seon Ho, the popular actor, is under scrutiny for allegedly evading taxes through a one-person company believed to have been established in 2024 with his family’s participation. This inciden...
Finance minister Nirmala Sitharaman NEW DELHI: Union finance minister Nirmala Sitharaman on Sunday delivered a 1 hour 25 minute presentation of the Union Budget 2026-27, marking her record ninth conse...
Union finance minister Nirmala Sitharaman on Sunday announced a tax holiday till 2047 for foreign companies providing cloud services globally using data centres located in India, signalling a major pu...
New federal tax credit program launched across 23 US states, allows expansion of school choice across the country. A new federal tax-credit program aimed at expanding school choice has already attract...
US launches Education Freedom Tax Credit to expand school choice The US Departments of Education and Treasury have released details of a new Education Freedom Tax Credit during National School Choice ...
As Amazon has come forward and announced that it would allow its H-1B employees stuck in India to work remotely, experts warned that US businesses risk hefty tax bills if they allow workers this optio...
Current provisions permit filing of modified returns following a business reorganisation only where the original return has already been filed before the reorganisation order. By Shaily Gupta and Aanc...