You Searched For "US Foreign Account Tax Compliance Act" and got 20 results
Sort By:
2 mins read
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
6 mins read
Leaving India and working in tech in the US changed me. I feel too foreign here and too foreign there.
Uday Padyana moved to the US in his 20s. Living in the US has changed him and he's experienced cult…
Robin Madell
2 mins read
Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF
The USISPF said this action creates parity between domestic and foreign players and will be an impo…
PTI
4 mins read
The US is on the cusp of a lithium boom to loosen China's grip on EVs
The Biden administration is encouraging US lithium mining through a mix of loans, grants, and tax b…
Catherine Boudreau
2 mins read
Rupee falls 3 paise to settle at 83.46 against US dollar
The rupee stayed range-bound and closed 3 paise lower at 83.46 (provisional) against the US dollar …
PTI
3 mins read
Supply-chain hot spot Vietnam rolled out the red carpet for Putin, and the US is trying to act cool
The US is among Vietnam's largest trading partners, accounting for trade worth $111 billion in 2023.
Huileng Tan
4 mins read
Union Budget 2024-25 key highlights: Angel tax to be scraped
You can watch the presentation live on the official Youtube channels of the government. After her s…
2 mins read
Sensex, Nifty tumble after FM hikes STT on F&O
The NSE Nifty also ticked higher as the finance minister began the presentation of her 7th Unio…
PTI
2 mins read
Here's what Mark Cuban's $275.9 million in taxes would cover for the US government
Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publi…
Erin Snodgrass
2 mins read
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…
PTI
3 mins read
EV sales in Europe hit a speed bump — and the US should be worried too
Registrations of new EVs in Europe fell by 44% in August from the previous year, according to the E…
Tom Carter
2 mins read
US intelligence official says Russian state media is pushing US voters toward Trump using Western influencers amid Putin's claims Russia is backing Harris
Russian President Vladimir Putin said earlier this week that he was backing Vice President Kamala H…
Rebecca Rommen
3 mins read
Kevin O'Leary says the US needs to go 'DEFCON 19 against China' and break the country with heavy tariffs
"You squeeze them because the Chinese only understand the stick," Kevin O'Leary told Fox News prese…
Kwan Wei Kevin Tan
3 mins read
Have foreign assets or income? Not disclosing it may lead to heavy penalties
Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…
10 mins read
Credit card rewards are turning us into jerks
The battle to rack up credit-card rewards is turning friends against each other.
Emily Stewart
2 mins read
Opted for the new tax regime? Here are the allowances and deductions you can still avail
Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…
2 mins read
Newly released tax returns reveal Trump paid more in foreign taxes than US income tax for years
Donald Trump's tax returns, released after years of legal battles, shed light on his business deali…
Katherine Tangalakis-Lippert
4 mins read
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
3 mins read
Two tax regimes & rise of freelancers drive people to tax experts, chartered accountants
The option of the new and old tax regimes and complex taxation laws require the assistance of exper…
6 mins read
A boomer who couldn't afford retirement in the US moved to Ecuador and said she's living an 'upscale life on a modest budget'
Gretchen and her husband Robert moved to Ecuador to afford retirement and said healthcare and housi…