The National Board of Revenue (NBR) has officially published the Authentic English Text of the Income Tax Act, 2023 through a government gazette notification issued on October 16, 2025.

The number of U.S. retirees living abroad is growing at an astonishing rate. In 2019, the Social Security Administration stated that 431,000 benefit payments were sent overseas. Last year, the number ...

The Tribunal ruled that the crore addition, made solely because the assessee's petrol pump was allegedly unauthorized to ...

The IRS has released the new income limits for federal income tax brackets for the tax year 2026. The brackets you fall into determine how much you owe at tax time. For 2025 returns, which will be ...

ITAT Ahmedabad upholds PCIT's Section 263 order, ruling that tax depreciation must comply with Explanation 10 to Section 43(1) and ICDS-VII. Unadjusted Government grants must reduce WDV, regardless of ...

According to Bridge Michigan, since 2019, our state has spent $1 billion on corporate subsidies to create 13,000 jobs. Meanwhile, the Michigan Legislature voted to impose a crushing new tax on a ...

A fight over health policy drove the current federal government shutdown. At issue is the cost of premiums for health care plans people buy on the Affordable Care Act, or Obamacare, marketplaces.

The 2025 tax landscape has changed due to the GOP tax and spending law, referred to by some as the “big, beautiful bill,” signed by President Trump on July 4, 2025. This multibillion-dollar ...

Congress is veering even closer to a government shutdown at midnight after a deadlocked Senate failed to pass a pair of dueling funding plans, fueling anxiety in Washington about how long a stalemate ...

Singapore is seeking to make it easier for single family offices to tap a tax benefit program, amid rising competition for the global super rich. The Monetary Authority of Singapore is looking to ...

Behind a gritty quarterback, a dominant third-down performance and a defense that made just enough plays when it mattered, No. 17 Alabama knocked off No. 5 Georgia 24-21 on Saturday night at Sanford ...

The Illinois Department of Revenue is encouraging individuals and businesses to take advantage of the 2025 Illinois Tax Amnesty Program, a unique opportunity to settle outstanding state tax ...