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On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- 14 new October driving laws you need to know — $425 camera fines includedOctober 1 ushers in 14 new road laws and driving rule changes across the US, impacting millions. Maryland introduces a $425 speed camera fi...
- Trump plans to fine migrants $998 a day for failing to leave after deportation orderThe Trump administration is planning to impose hefty fines, potentially up to $998 daily, on migrants with deportation orders who fail to l...
- Government must penalise offences seriously, not criminaliseCriminalising offences that are best addressed through penalties and steep fines results in lower conviction rates. Studies demonstrate tha...
- Flouting Covid-19 norms: Government reduces fines payable by malls, retailersThe health and family welfare department has fixed a lower fine amount for non-AC stores and convention halls. Those who organize public ev...
- Gujarat government reduces fines stipulated by new Motor Vehicles ActThe Motor Vehicles (Amendment) Bill 2019 was passed by Parliament in July and its steep fines came into effect from September 1.
- Gujarat to decide on steep Motor Vehicles Act fines in a week, says CM Vijay RupaniPeople in the state are apprehensive of the fines and several messages on social media were centred around them.
- 8 years after 26/11, government says register all seagoing vesselsThese vessels will need to be installed with security gadgets such as automatic identification system (AIS) and distress alert transmitters...
- Delaying an Air India flight can cost you a fine of up to Rs 15 lakhThe national carrier plans to provide more autonomy to its managers at airports under a stricter framework being prepared to deal with unru...
- Stricter action on cards for endorsers of misleading adsFor a first-time offence, the panel is planning to propose a Rs 10 lakh fine or imprisonment up to two years or both.
- Nitin Gadkari hopeful of Parliament nod on Motor Bill next sessionRoad, Transport and Highways Minister Nitin Gadkari today said he is hopeful of Parliament nod on new Motor Vehicles Bill in the upcoming b...
- Review steep fines for traffic violations: PM Narendra ModiHe has also suggested to re-look at proposed steep jump in fines for common traffic violations — such as Rs 5,000 for jumping traffic light...
- Poke Me: Top clubs should not be on common land (Readers' React)This week's 'Poke Me', invited your comments on 'Top clubs should not be on common land'
- New Companies Act 'draconian', feel auditors; officials if found guilty of fraud then liable to pay 3 times of amount involvedWhile the previous law allowed professionals to get away with a fine for most offences, Companies Act, 2013 stipulates jail terms of up to ...
- Mines Ministry to seek reduction in iron ore fines export dutyConcerned over steep decline in iron ore exports, Mines Ministry will seek from its finance counterpart reduction of duty on fines.
- DoT may suggest steep fine of Rs 20,000 on every pesky callEvery unsolicited commercial call by a telemarketer may invite a penalty of Rs 20,000 as DoT in its comments on proposed Right to Privacy B...
- SBI likely to get one-year extension to meet 70 pc PCRState Bank of India is likely to get a one-year extension to meet the mandatory 70 per cent Provision Coverage Ratio (PCR) after it sought ...
- Read the fine print to avoid credit card woesCard issuers want to keep default rates as low as possible to protect their profits.
- Cabinet clears ordinance to give more teeth to FMCThe government today decided to grant more powers, including right to impose hefty fines, to the commodity market regulator Forward Markets...
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