A scrappy crew of under-30s from Ulhasnagar has done what few believed possible — given Sindhi cinema the gloss of the mainstream ...

Foreign remittance requirements put additional administrative burden on Indian law firms and strain their relationship with ...

A proposed US bill, the HIRE Act, threatens Indian IT firms with a 25% tax on outsourced services, potentially eroding their competitive edge. This legislative move, coupled with existing market ...

Many big-name US companies rely on Indian outsourcing Bill tabled to tax US firms hiring overseas staff over Americans Deliberations could prompt firms to delay signing IT contracts Firms set to lobby ...

ITR Form: Income Tax Return (ITR) is a form that every taxpayer in India needs to file with the Income Tax Department every year. It shows your income, expenses, deductions, and tax paid. Filing ITR ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

India's $283 billion information technology sector has thrived for more than three decades exporting software services, with prominent clients including Apple, American Express, Cisco, Citigroup, ...

One such form that caters to these unique entities is the ITR-5 form. Specifically designed for businesses, firms, LLPs ...

Before the abolition of the Gift Tax Act in 1998, the donor (the giver of the gift) was required to pay gift tax on the value of the gift exceeding Rs. 30,000. After the abolition, neither the ...

Indian taxpayers, brace yourselves! The second advance tax installment for FY 2025-26 is due September 15th. If your tax liability exceeds Rs 10,000, pay up to avoid a 1% monthly interest penalty.

A new US Senate proposal, the Halting International Relocation of Employment (HIRE) Act, threatens to upend India’s USD 224 billion IT export market. With a proposed 25% excise tax on American firms’ ...