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STATE ADMINISTRATION OF TAXATION
On This Day in History, June 26: UN Charter signed, Indira Gandhi declares Emergency, Harry Potter debuts, Corvette day, Sher Shah Suri wins against Mughals and moreOn This Day in History, June 26 saw the signing of the United Nations Charter, Richard III's rise to the English throne, India's declaratio...- Indian proverb of the day by Chanakya on 3 steps of parenting: 'Pamper a child for first five years; discipline tightly for next ten years; but once they reach sixteen...' Ancient wisdom about child development for all parentsAncient Indian thinker and strategist Chanakya offered a parenting principle that continues to be discussed centuries later: "Pamper a chil...
- Have you downloaded the Trump Accounts app? Your child could qualify for a free $1,000— check eligibility nowTrump Accounts are moving closer to launch, with eligible families set to access a $1,000 government-funded investment bonus for qualifying...
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
- Quote of the day by Shang Yang: 'The stupid don't even understand something that happened long ago, the wise understand it before it...' - thought-provoking lessons on intelligence, life strategy and why wise people predict outcomes early by founding father of legalismQuote of the day by Shang Yang: He emphasized foresight in human behavior, contrasting those who learn from past events with the wise who a...
- Missed the Enhanced STAR deadline? Thousands of New York seniors could still recover $1,000 property tax relief through a hidden late-filing opportunity many homeowners never realized existedThousands of New York seniors may still qualify for Enhanced STAR property tax relief worth more than $1,000 despite missing earlier filing...
- IRS won't tell you about these COVID refunds, but here's how to claim every dollar you are owedNearly 79 million Americans already filed federal tax returns this year. Yet millions may still qualify for hidden IRS COVID refund claims ...
- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- Can Trump’s $1,000 IRA match executive order finally bring 56 million Americans without 401(k) access into retirement security? Here's who actually qualifies for this benefitUS President Donald Trump IRA Trump retirement plan executive order: Will $1000 IRA Match Transform Savings. For decades, retirement securi...
- AI firms flex lobbying muscle on both side of AtlanticAI companies are spending heavily to shape new regulations in Europe and the United States. They are also engaging the public, promoting AI...
- GST fault line: Supreme Court to rule if taxman can bundle years into one sweeping show-cause noticeThe Supreme Court is set to decide if tax authorities can issue a single show-cause notice for multiple financial years. This procedural is...
- Inside Assam’s big contest: Sarma’s dominance vs Gogoi’s comeback betAssam voted in a crucial election. Chief Minister Himanta Biswa Sarma's BJP faced a challenge from Congress leader Gaurav Gogoi. The outcom...
- GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
- US committee finds China is subsidizing American fentanyl crisisChina continues to provide subsidies in the form of value-added tax rebates to its companies that manufacture fentanyl analogues, precursor...
- Switzerland ratifies convention for automatic tax information exchange regimeThe move marks a significant step in continuing global efforts to crackdown on illicit fund flows in the system and do away with banking se...
- China provided $10 billion tax breaks for SMEsChina has expanded preferential tax policies for small companies and reduced their tax burden to boost economic growth and employment, stat...
- China provided $10 billion tax breaks for small and micro businessesChina has expanded preferential tax policies for small companies and reduced their tax burden to boost economic growth and employment, Xinh...
- Government committed to moderate tax rates: ChidambaramChidambaram was addressing the heads of the Revenue Department of BRICS nations - Brazil, Russia, India, China and South Africa. India hold...
- China to give tax brakes to boost employmentChina today announced a range of measures offering preferential tax measures, including tax brakes, to unemployed people if they want to st...
- China offers new tax break to woo outsourcing businessesChina, keen to end India's dominance in outsourcing industry, announced it will not levy operating taxes on offshore service outsourcing bi...
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