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Latest News & Web Pages
Mamdani wants New York estate tax threshold cut 90% to $750K
4+ hour, 12+ min ago (547+ words) New York City Mayor Zohran Mamdani wants to slash New York state's estate tax exemption threshold by almost 90%, from a more than $7 million limit to $750,000, and raise the top estate tax rate from 16% to 50%." The proposal was included among nearly…...
China talks up oil sufficiency as Trump seeks Beijing's help on securing Hormuz energy route
12+ hour, 22+ min ago (293+ words) BEIJING " China on Monday stressed that it had enough energy resources as the Iran war restricts oil flows through the Strait of Hormuz, and U.S. President Donald Trump pressures Beijing to help secure the critical waterway. China's energy supply is "relatively…...
New ITR Deadlines, STT Hike, Revised Return Window Extended: Know Key Income Tax Changes From April 1
13+ hour, 18+ min ago (998+ words) Income Tax Changes From April 1, 2026: Several key changes in India's direct tax framework will come into effect from April 1, 2026, with the Income-tax Act, 2025, replacing the six-decade-old Income-tax Act, 1961. The new law introduces simplified language and the proposals announced in the…...
New Income Tax Act 2025 To Take Effect From April 1: 10 Key Changes That Will Affect Your Money
1+ day, 7+ hour ago (542+ words) 1. PAN Rules Overhauled for High-Value Transactions Under the draft rules, PAN will be required for annual cash deposits or withdrawals of Rs 10 lakh or more (aggregate in a financial year). Currently, a per-day limit of Rs 50,000 is applicable in deposits,…...
Advance Tax Deadline Today: Who Needs To Pay And Can You Make Payment On Sunday?
1+ day, 11+ hour ago (626+ words) March 15 is the last date for paying the final instalment of advance tax for the financial year 202526. Taxpayers who are liable to pay advance tax must clear most of their tax dues by today to avoid interest charges under the…...
Bitcoin beat the S&P 500, Nasdaq Composite and gold since the start of the Iran war
2+ day, 3+ hour ago (262+ words) A bitcoin comeback may be underway. Just as the cryptocurrency was kicking off its latest winning week, ProShares' Simeon Hyman was emphasizing a bullish bitcoin trend on CNBC's "ETF Edge." "If you look at bitcoin, it's up a little bit…...
SCOTUS weighs case involving foreclosure to pay off tax debt
2+ day, 15+ hour ago (538+ words) The Supreme Court recently heard oral arguments in a case revolving around whether a county in Michigan violated the constitutional rights of a homeowner whose home was foreclosed on and sold for far more than he owed in taxes. The…...
Some states are 'decoupling' from OBBBA tax changes
2+ day, 23+ hour ago (831+ words) He anticipates states will continue to adopt the OBBBA provisions at their own pace, but in some cases that can take years. He cited the example of California, which finalized its adopting and decoupling provisions last June for the Tax…...
On the move: EisnerAmper hires health care leader
2+ day, 22+ hour ago (134+ words) The Internal Revenue Service confirmed Treasury Secretary Scott Bessent's term as acting IRS commissioner has expired, although he will continue to oversee it. The Audit Practitioner Fellowship Program will allow auditors to share their expertise with PCAOB staff. Plus, Digits…...
Hong Kong to expand 'name and shame' list to IPO lawyers and auditors
3+ day, 55+ min ago (500+ words) Hong Kong plans to expand its "name-and-shame" regime for sloppy listing applications to include law firms and auditors, stepping up a campaign to improve the quality of initial public offerings in the city. Under a new Enhanced Return Mechanism proposed…...