The IRS ruled that a contingent deferred annuity contract qualifies as an annuity contract under § 72. The ruling covers the tax treatment of the contract’s guaranteed payments, the lack ...

President Trump signed an Executive Order deferring payroll tax in the wake of the COVID-19 pandemic and it impacted the take-home pay of certain individuals.

Qualified Opportunity Funds (QOFs) offer generous tax incentives but are bound by a complicated set of rules, not to mention the complexity ...

the tax return filing obligation arises based on Income level and not on actual tax liability payable. Even where the tax liability is NIL on account of rebate or various deductions, the taxpayer ...

Warner Bros. Discovery, CVS and Kraft Heinz all have intangible-asset values that appear out of whack.

Union Finance Minister Nirmala Sitharaman's announcement of no tax will be payable on annual income up to Rs 12 lakh was highlight of her 8th budget presented under the Modi government on Saturday.

By reducing the tax liabilities, the new framework seeks to provide financial relief to middle-income earners, fostering economic growth and stability. The new Income Tax Bill, likely to be ...

Union finance minister Nirmala Sitharaman on February 1, in a major boost to consumption, announced no tax liability for individuals with a salary of up to Rs 12 lakh. Sitharaman said the move ...

The Scheme does not guarantee or assure any returns. The Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth has an AUM of 25021.22 crores & has delivered CAGR of 18.17% in the last 5 years.

These laws recognise that a victim-survivor should not be held liable for a debt that they were not responsible for creating, but rather that the tax liability should shift to the perpetrator.