As a U.S. citizen, the man formerly called Cardinal Robert Prevost technically is required to file returns to the IRS.

This notification, stemming from an amendment to Explanation 3 of Section 37(1) of the Income-tax Act, 1961, clarifies the non-deductibility of certain expenditures. Section 37 generally allows ...

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This makes healthcare spending the second-largest expense for families, coming just after essential ... Surprisingly, the report also noted that the households spend only 3 per cent of their income on ...

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According to research, more than 40% of people worldwide do not regularly track their income and expenses, making them vulnerable to financial problems. This highlights the importance of budgeting for ...

In CIT vs. Biocon Ltd., the Karnataka High Court examined whether discounts on the issuance of Employee Stock Option Plans (ESOPs) qualify as deductible expenses under Section 37(1) of the Income Tax ...

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ERIC SYLVIA Special to the Kent County News CHURCH HILL — Ongoing discussions surround the establishment of a regional Detention Center proposed for Church Hill. With letters of intent from ...