The Income Tax Appellate Tribunal (ITAT) has ruled that additions under Section 68 of the Income-tax Act cannot be sustained ...

The Finance Ordinance for FY 2025-26, in many cases, effectively raised the tax burden on regular taxpayers by 10–25 percent. Consequently, since July 2025, many employees have experienced lower ...

Captive service providers operate with limited risk and must be benchmarked differently from entrepreneurial companies. The analysis explains why TNMM and cost-plus returns are the appropriate ...

California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.

Columnist Scott Clem writes, "The Constitution is not self‑executing. It requires guardians. And if Wyoming doesn’t choose guardians, we shouldn’t ...

Johnson County Republicans on Thursday selected Mike Storm to fill the remainder of the late Rep. John Resman’s term in the Kansas House.

Ninety-six years after Mahatma Gandhi’s Salt March that began on March 12, 1930, the shrinking space for dissent in India raises uncomfortable questions about how the nation now understands protest ...

When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question.

A woman's Rs 50 lakh insurance policy purchase was deemed an unexplained investment. She claimed HUF funding from agricultural income. The Income Tax Appellate Tribunal Chandigarh rejected this. Lack ...

The tribunal considered whether inconsistent explanations alone justify treating cash deposits as unexplained income. It held that suspicion cannot replace evidence and additions require proper ...

By Dr. Sammy CRABBEThis series began with a simple observation: Ghana has no shortage of entrepreneurial talent, ideas, or ambition. What it lacks is a capital system designed to support risk-taking ...

Kensington & Chelsea RBC has agreed to freeze employer pension contribution rates at 0% for three years, after a decision was made at the authority’s ...