A bigger SALT deduction, cuts to Medicaid, and new MAGA accounts are in the House GOP’s bill. Here’s how it may impact you.

U.S. residency is an important concept under both the income tax and transfer tax regimes. But the meaning of residency ...

Introduction In an increasingly globalized economy, cross-border transactions have become commonplace. To ensure tax compliance and prevent tax evasion, the ...

Banks scored well in the tax bill out of Ways and Means this week, with wins on S Corps and rural lending, but have so far ...

This week, the US House Ways and Means Committee released tax legislation that includes several provisions relevant to ...

However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

These are the myriad changes which the income tax department has introduced. Here, we list out changes for different income tax e-filing forms. Now taxpayers can file ITR-1 or ITR-4 even with long ...

Fixed income securities involve interest rate ... An investor may be subject to the federal Alternative Minimum Tax, and state and local taxes may apply. These and other risks are discussed ...

Alinma Bank (SAU:1150) reported a 4% year-to-date increase in financing, reaching SAR209 billion. Customer deposits grew by 4% year-to-date, with a notable 8% growth in CASA deposits. Operating income ...

Bank of Baroda's shares have hit 10 percent lower circuit on May 6 after the PSU lender reported 7 percent drop in net interest income (NII ... crore a year ago. Tax expenses also saw an increase ...

Singapore’s banking sector is anticipated to report a mixed performance in net interest margins (NIM) for the first quarter of 2025, alongside robust wealth management fees and trading income. This ...

The Finance Bill 2025 has introduced a set of proposals targeting the Income Tax Act. Shot of the Kenyan Parliament in session and President William Ruto signing a bill in the past. The Finance Bill ...