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

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

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

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.

Many people assume festive gifts and bonuses are completely tax-free. The truth is, some Diwali perks are taxable, and ...

As the festive season lights up homes across India, many employers are rewarding their staff with Diwali bonuses and gifts.

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 ...

What are the IRS Tax Bracket Updates in 2026? Read about the new updates in 2026 IRS tax brackets, standard deductions and inflation adjustments which provide taxpayer relief under new legislation.

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