The other plank of the tax code, the estate tax and gift tax (along with the generation-skipping transfer tax, adopted to ...

The truth is, Indian tax law is actually quite clear on when gifts are taxable and when they aren’t. If you know the basic rules, you can pass on money to your kids or parents without attracting any ...

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

Gold as gift from relatives is tax-exempt but the gifts that exceed Rs 50,000 from people other relatives in a fiscal year ...

Health insurance premiums for Illinois families buying coverage through the Affordable Care Act will jump an average of 78% ...

Dharma and kama both need the foundation of artha. Along with home cleaning this Diwali, put order into your money box and ...

Despite its partial closure due to the government shutdown, the agency shared details Thursday of the new federal income tax brackets and standard deductions, which apply to tax year 2026 for returns ...

Unfortunately, this scenario may not play out as intended, but it does have some potential benefits. Taxes on gifts and ...

The Maine Center for Economic Policy says the state should pay for the return, or offer co-management, of state land due to ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

SOAS is a Named Fund member of the Chapel & York US Foundation, Inc. The Chapel & York US Foundation, Inc. is a 501 (c) (3) ...

Diwali gifts from employers under Rs 5,000 are tax-free, but cash bonuses and gifts above this limit are taxable and must be reported in the Income Tax Return ...