How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?How much pure silver and gold jewellery can you have in your home without getting into trouble with the Income Tax authorities? To know the...
15 Oct, 2026, 03.10 PM IST
Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT MumbaiAfter redevelopment of housing society, homeowner sold his flat for Rs 1.95 crore, pays no tax, got tax notice, wins case in ITAT Mumbai fo...
15 Oct, 2026, 02.43 PM IST
Social Security raises payroll tax cap to $192,300 for 2027 - Here's who will pay more after COLA announcementStarting January 2027, American citizens will witness notable changes in their Social Security benefits and payroll taxes. A cost-of-living...
15 Oct, 2026, 02.24 PM IST
Social Security COLA 2027: Could your bigger benefit mean a higher tax bill? What retirees should checkThe Social Security Administration announces the 2027 cost-of-living adjustment on Oct. 14. Most forecasts land between 3.2% and 3.6%. Fede...
14 Oct, 2026, 08.21 PM IST
Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
14 Oct, 2026, 11.39 AM IST
Commuting to work? A $340-a-month pre-tax benefit could reduce your 2026 taxes, and your employer may already offer it to you right nowGetting to work just got a little cheaper. The IRS raised the monthly pre-tax transit cap to $340 for 2026. That lets workers set aside $4,...
13 Oct, 2026, 09.27 PM IST
VRS offer in hand? Check these tax rules before you accept the packageContemplating a Voluntary Retirement Scheme (VRS)? Prior to making your decision, it’s crucial to analyze the overall financial implication...
13 Oct, 2026, 06.30 AM IST
Social Security benefits are still taxed in these 8 US states in 2026: Check if your retirement income is at risk and whether you qualify for exemptionsWhen it comes to taxes, every state has its own way of doing things. Some states give certain income or age groups a break, while others lo...
13 Oct, 2026, 02.01 AM IST
Your student loan could disappear, then the IRS Bill arrives: What changed in 2026?A report by Protect Borrowers estimates that between 2 million and 3 million Americans could face federal tax bills over the next decade. T...
12 Oct, 2026, 11.59 PM IST
GST reforms: No tax on toll collection by highway concessionaires; road maintenance tax liability clarifiedThe GST Council has clarified that highway concessionaires collecting exempt tolls will face no GST liability on the toll collection right,...
10 Oct, 2026, 03.55 PM IST
Landowner gets Rs 6 crore by selling TDRs received for giving up land for road widening, pays no tax; ITAT Bangalore rules TDR sale taxable as capital gainsFor giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends no...
10 Oct, 2026, 12.04 PM IST
FD rate up to 8.25% for senior citizens investing for five years; know the list of banksCurrently, multiple banks are offering attractive fixed deposit interest rates that go up to 8.25% specifically for senior citizens. Suryod...
10 Oct, 2026, 10.00 AM IST
Give without paying gift tax: The $19,000 annual exclusion is unchanged for 2026, and it lets you move money without gift tax this yearThe IRS announced major tax changes for 2026. Standard deductions increase to $16,100 for single filers and $32,200 for couples. The gift t...
09 Oct, 2026, 11.11 PM IST
Govt withdraws key bank tax benefit on gold, silver and platinum importsThe Indian government did not extend a tax benefit for banks on imports of gold and other precious metals and they have been paying a 3% in...
09 Oct, 2026, 11.24 AM IST
Estate tax exemption for 2026 is $15 million: Here’s what families need to know about the IRS rules and $19,000 gift limitThe 2026 estate tax exemption is $15 million, while the annual gift tax exclusion remains $19,000 per recipient. Here’s what the IRS rules ...
06 Oct, 2026, 04.38 AM IST
Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...
05 Oct, 2026, 03.48 PM IST
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–...
29 Sep, 2026, 12.45 PM IST