The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return filing for FY 2024-25 (AY 2025-26). This year, the ITR forms underwent various ...

The local currency has recorded significant gains in recent days as the deposit money banks resumed overseas cards' transactions, Daily Trust can report.This means that banks' customers can use their ...

The acting Managing Director of Parthian Capital Limited, Ms. Ibilola Ashcroft, a Chartered Financial Analyst with over a decade of experience and specialised expertise in investment products, ...

A tax debtor owing more than $27.8 million to the federal government should be ordered to repatriate assets held in the Bahamas to satisfy his outstanding bill, the US told a federal court in West ...

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations ...

Editor: Mary Van Leuven, J.D., LL.M. The U.S. government imposes federal excise taxes that can affect a surprising variety of ...

The Gemological Institute of America (GIA) plans to introduce its 'finished jewellery report' service in India to enhance consumer trust by detailing jewellery components. New CEO Pritesh Patel ...

The US military strikes on three of Iran’s nuclear facilities last weekend did not destroy the core components of the country’s nuclear program and likely only set it back by months, according ...

The finance ministry reported a significant 45% increase in foreign asset and income disclosures, with 2.3 lakh taxpayers reporting in 2023-24. Amidst reports of increased Indian deposits in Swiss ...

Iran not sure it can trust U.S. after Israeli attack, foreign minister tells NBC News Iran will never agree to halt all uranium enrichment and Israel must stop its air campaign before any ...