How Trump's charitable tax deduction laws may influence when you give

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

Income Tax department doubts Rs 10 lakh gift - brother gets tax notice for cash received from sisters; how he appealed & won the case

A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax ...

Charitable Gifts—New Tax Law Philanthropy

The article warns that small tax law changes can erode charitable benefits over time. It highlights both positive updates and ...
The Financial Express

Your Income Tax Queries: Gifts, property, and capital gains explained

Have questions about income tax? We break down key tax rules on topics like gifting money to a spouse, TDS on property purchases, and capital gains on the sale of gifted jewelry.
JD Supra

One Big Beautiful Bill: Estate and Gift Tax Exclusion and the Generation-Skipping Transfer Tax Exemption Increases to $15 Million

The One Big Beautiful Bill (OBBB), which passed on July 3 and is expected to be signed by President Donald Trump by July 4, increases the amount individuals may transfer for federal estate, gift, and ...
JD Supra

One Big Beautiful Bill Act Permanently Increases the Lifetime Estate, Gift and GST Tax Exclusion

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA). The OBBBA extended and may permanent many key provisions of the 2017 Tax Cuts and Jobs Act (the TCJA), ...

Brother got Rs 10 lakh cash from two sisters, tax dept had doubt and sent notice; he fought back and won case in ITAT Agra

The assessee’s own bank statements corroborating the receipts. The main reason the brother (assessee) won the case was that ...