A little-known provision in the tax code allows private equity managers and hedge fund speculators to treat their earnings ...

The Delhi High Court has held that the limit prescribed under Section 36(1)(iv) of the Income Tax Act 1961, on deductions ...

In exercise of the powers conferred by section 295 read with clause (47) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...

The Union Budget 2025 introduces a series of measures aimed at enhancing the competitiveness and attractiveness of units in International Financial Services Centres (IFSC), with a particular focus on ...

A campaign to overturn seven British investment trusts has been a “massive wake-up call” for the “complacent” £266bn industry and could lead to a more competitive sector, according to investment ...

PIMCO Income Strategy Fund's high yield of 11.45% and its recent performance in the changing bond market landscape.

Two-thirds of the estimated $800 million over 10 years would be allocated to public safety while the remainder would go toward community investments.

Democratic Gov. Andy Beshear signed a bill into law Thursday that will reduce Kentucky’s individual income tax, expressing ...

The RBI MPC cut the repo rate by 25bps to 6.25%, its first since 2020, aiming to support growth. Experts expect further rate ...

A set of funding miscalculations dating back nearly 20 years triggered a legislative pause in the long-awaited new formula, sparking division between lawmakers ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

What kind of strategies are there to maximise passive income from £5,000? Here is one possible plan focused on a high-growth ...