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TAX ENFORCEMENT
This wave of Trump tariffs is likely here to stay; more are comingThe Trump administration is rebuilding its tariff wall using established trade laws. New duties target forced labor and excess industrial c...
Violent crypto attacks rise as criminals hunt bigger payoutsPhysical attacks targeting cryptocurrency holders surged 33% globally in the first half of 2026, with losses soaring to $124 million. Franc...
Trump’s new tariffs prompt lawsuit from small businessesThe Trump administration faces two new lawsuits challenging its latest global tariffs of 10%-12.5%, imposed under Section 301 of the Trade ...
FM Sitharaman asks I-T Department to separate genuine errors from wilful tax evasionFinance Minister Nirmala Sitharaman called on the Income Tax Department to embrace a more taxpayer-friendly attitude. She highlighted the i...
Trump says US to launch EU probe over 'illegal' Google fineUnited States President Donald Trump criticized the European Union's decision to fine Alphabet's Google. He announced an immediate probe in...
China to tax offshore trusts as Beijing targets overseas wealthChina's new tax regulations taking effect on Friday will impose taxes on offshore trusts and their associated incomes. A twenty percent tax...
Green cards for Dreamers? Inside the Dream and Promise Act that may give millions US permanent residencyThe American Dream and Promise Act of 2025 proposes a pathway to US permanent residency for eligible Dreamers, DACA recipients and certain ...
Donald Trump finds a new way to impose tariffs but Asia isn't buying the reasonUS President Donald Trump's new tariffs of 10% to 12.5% on imports from 60 trading partners, including India, have sparked criticism from J...
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection normsA parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...
ITR filing: Received Section 143(1) intimation with tax demand? Respond within 30 days or risk being treated as an ‘assessee in default’; know how to do itTaxpayers must respond to Section 143(1) intimations with tax demands promptly. Failure to respond within thirty days can lead to penalties...
Canada: Ontario launches first phase of major immigration programme overhaulOntario has launched a new immigration program, replacing eight existing streams with one. This new system will reopen later this year, req...
ESOPs, Crypto and two other disclosures you must make in Schedule FA of the ITR for AY 2026-2027Indian taxpayers face new foreign asset reporting rules for AY 2026-2027. Schedule FA requires disclosures for foreign shares and overseas ...
Income-tax, MSME amendment Bills among key economic legislations listed for Parliament's Monsoon SessionKey economy-related bills are listed for Parliament's Monsoon Session. The Income-tax Amendment Bill aims to boost India's sovereign debt m...
Influencer Andrew Tate and brother arrested in Miamias Britain seeks their extradition to face new charges of rape, sex trafficking and assault. The UK Crown Prosecution Service (CPS) said in...
Is RBI asking people to pay Rs 7,500 in tax to get Rs 1 lakh payment? Here’s the truthA fake Reserve Bank of India letter is misleading people about pending payments. It falsely claims a Rs 1 lakh payment is on hold due to tr...
AIS now includes foreign assets, income dataThe Income Tax Department now shows foreign asset details in annual statements. This move aims to improve voluntary tax compliance for elig...
Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon sessionParliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract foreign capital and stabilize the rupe...