The CESTAT Delhi bench set aside penalties totaling ₹1,75,000 imposed on Paramount Surgimed Ltd. under Section 158 of the Customs ...
The IRS just increased the estate exemption amount as we enter into a potentially promising tax year for inheritances and ...
The Setting Every Community Up for Retirement Act of 2019 (the SECURE Act) changed the distribution rules for beneficiaries ...
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Residents walk along a sidewalk in Aracuai, Brazil ...
US lawmakers are proposing to remove the tax exemption on earnings made by OPT foreign workers. (Reuters ) Senator Tom Cotton has introduced the OPT Fair Tax Act, which proposes to make foreign ...
ALBANY, N.Y. – Healthcare institutions across New York have accelerated equipment investments since the COVID-19 pandemic, with the Dormitory Authority of the State of New York facilitating tax-exempt ...
Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal government examines further changes to the reporting requirements — ...
MADISON — Starting Oct. 1, Wisconsin will no longer charge a sales tax on household energy bills. The provision is one of several included in the bipartisan 2025-27 state budget that will take effect ...
The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...
In 2021, the Washington Legislature passed the Climate Commitment Act (CCA), which establishes a comprehensive, market-based program to reduce carbon pollution and achieve the greenhouse gas limits ...
On September 16, 2025, the Subcommittee on Oversight of the House Ways and Means Committee held a hearing on the purpose and use of the tax-exempt status widespread in the hospital sector. Several ...
Payal sold her old house jointly owned with her husband. She reinvested the proceeds in a new house. She then claimed tax exemption. The Income Tax officer rejected her claim. The ITAT Mumbai ruled in ...
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