Despite the compliance by the share subscribers, the AO proceeded to make the addition under Section 68. The primary reasons cited by the AO were the lack of justification for issuing shares at a high ...

President Trump said Friday that the US will set tariff rates for its trading partners within the next few weeks. He said his ...

Many banks, including Capital One, stopped offering debit card rewards after the Durbin amendment to the Dodd-Frank Act of ...

Banks are cheering Michelle Bowman’s nomination as the Federal Reserve’s new vice chair for supervision. Critics worry about ...

U.S. policymakers are considering easing capital reserve requirements for banks, reversing post-financial crisis regulations.

The Tribunal’s ruling, delivered on February 6, 2025, reinforced the principle that once the identity, creditworthiness, and genuineness of loan creditors are established, additions under sections ...

Less than a week after President Donald Trump shocked the world with his massive “Liberation Day” tariff hikes, the former ...

The US-UK 'trade deal' falls short of an actual trade agreement and does not offer tariff exemptions, but could be a ...

Ending the separation of banking and commerce would open the door to dangerous concentrations of power and influence, and ...

The Consumer Financial Protection Bureau plans to ask a federal judge in Kentucky to vacate a Biden-era rule allowing ...

DONALD Trump has today revealed a “full and comprehensive” trade deal with Britain — and hailed an “exciting day” for the two ...

Aleah McPherson's bank account is $8,265 lighter these days. Sadly, the funds disappeared after she fell for a scam by ...