The ITAT Delhi ruled that the surcharge rate on the residual income of a trust must be restricted to 15%, not 37%. This decision follows the principle that the surcharge rate is governed by the ...

CPC gets power to rectify AO orders; ITR due date extended; GST registration simplified, and returns barred after 3 years; Customs imposes 30% duty on yellow peas; SEBI amends Mutual Fund, REIT, and ...

ITAT Mumbai gives full tax exemption to mother-in-law and son-in-law after they sold two Mumbai properties for Rs 4 crore ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Cambridge businesses will have ...

Gold gifts fall under Section 56(2)(x) of the Income Tax Act, which taxes receipts without consideration if they exceed certain thresholds. Gold continues it record-breaking spree but it has done ...

CAMBRIDGE — Sunny skies and crisp fall air brought huge crowds here for the Head of the Charles Regatta, which can make for one of the city’s busiest weekends. At local coffee shops, lines stretched ...

The tax rates for NRIs are the same as for Indian residents. However, TDS applies to gold ETFs or mutual fund redemptions. As gold prices have touched record highs, many families are perhaps tempted ...

EAU CLAIRE, Wis. (CVTC PRESS RELEASE) - On Monday at its regular board meeting, the Chippewa Valley Technical College District Board is set to establish the tax rate for the 2025-2026 fiscal year.

Gold and tax go hand in hand for Indian consumers as both are treated equally in this regard. With Diwali just around the corner, Indians may be thinking of buying some gold or gift some to their near ...

For listed shares held for more than 12 months, the taxpayer may choose to treat them as investments, making the gains eligible for capital gains tax.(Pixabay) I recently became an NRI after moving to ...

In the 2025 Union Budget, Finance Minister Nirmala Sitharaman made significant changes to the tax structure, bringing relief to salaried taxpayers eagerly anticipating these updates. The updated tax ...

Browns deal: Cleveland City Council is peeling Mayor Justin Bibb’s $100 million agreement with the Cleveland Browns layer by layer. Sean McDonnell explains the negotiations and the community’s ...