Clubbing provisions under Section 64 will trigger and any income arising to your wife from the assets gifted or acquired from the gifted assets will be taxed in your hands.

For this tranche, prices from October 31, November 3, and November 4, 2025, were averaged to arrive at the final redemption rate of Rs12,066 per gram.

An effective vehicle for estate planning, protecting assets and ensuring they are managed with care long after the founder’s ...

State pension payments are uprated every April under the triple lock policy. This guarantees payments rise according to ...

While today’s much-awaited – and much delayed – federal budget didn’t have a big focus on tax measures, here’s a review of five tax changes that may impact you, as well as one highly-anticipated ...

The Government has issued a statement about how tax allowance rules impact the state pension. The update came after a ...

Discover 10 types of income the IRS won't tax in 2025, from certain investments to unique benefits, and learn how to legally ...

Democratic Gov. Laura Kelly and GOP House Speaker Dan Hawkins continue a dispute about rise and fall of Kansas tax revenue on ...

Establish an exemption for $125,000 worth of personal property used for income production. Source: Election results are from ...

The newly enacted 'One Big, Beautiful Bill' promises significant tax relief for Americans in 2025. With retroactive ...

The finance secretary says an increase in income tax south of the border could lead to a £1bn shortfall at Holyrood.

An attempt to limit an increase in fuel duty in Policy and Resources' 2026 budget for Guernsey has failed. Deputies voted by ...