ITR Filing 2025 has begun with 86,482 returns already filed using Excel Utilities. Online filing is yet to start. CA Suresh ...

For American expats, owning rental property abroad is a smart way to diversify and earn extra income. However, if you’re a US ...

Jim Chalmers’ hopes of a recovery in the business sector have been dealt a blow after private investment recorded its biggest annual contraction since 2020, shocking economists, dampening future ...

Allowable deductions are expenses you incur in producing assessable ... off against capital gains realised in future years. Capital gains tax is not payable until investments are actually sold.

However, the exemption of personal income tax on foreign-sourced income will apply for only two years: the year in which the ...

A full inheritance tax (IHT) review should not only look at the farming and business assets, but draw up a list of all items ...

Tax rules for bond investors vary for government, municipal, or corporate bonds. Munies are completely tax free if you live ...

India Implements Comprehensive Tax Framework for Virtual Digital Assets : India has established a formal taxation framework for Virtual Digital Assets (VDAs) like cryptocurrencies and NFTs through the ...

The budget attempts to satisfy conflicting priorities. We demand fiscal prudence but refuse to curtail legacy commitments. Revenue needs to increase, yet taxation remains sensitive to public sentiment ...

On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...

Learn about our editorial policies Those who invest in bonds can owe taxes on interest income and capital gains ... expenses. Often purchased by high-income investors, municipal bonds can mean tax ...

China has “totally violated” its trade arrangement with the US, Donald Trump has claimed. In a post on Truth Social, Mr Trump ...