The Tribunal held that advances received under a joint development agreement are not taxable as business income when land remains a capital asset and no transfer under section 2(47) has ...

India’s economic momentum remained strong through the year, with GDP growth touching 8.2 per cent—outpacing global estimates.

Looking to save money on taxes and have your retirement income go further? Retire to one of these 18 U.S. cities where 401(k), IRA, and Social Security income aren't taxed by the state.

The article highlights tax benefits for various loans, focusing on home loans, education loans, vehicle loans, and personal ...

The province, through BC Assessment, can reclassify land from Class 6 business use to Class 8 recreational ...

Simplify your year-end planning with expert tips on budgeting, saving, taxes and retirement contributions to help your middle-class family start the new year strong.

Farmers currently do not pay inheritance tax on agricultural and business assets which they pass on. Under Labour’s initial ...

The Government has announced a major change to the inheritance tax relief threshold for farmers, raising it from £1 million to £2.5 million. This decision comes after months of protests from the ...

Businesses cheered Labour's climbdown, which will see a rise in the threshold for death duties on family businesses and farms ...

Clarifying that business interest expense subject to Sec. 163 (j) includes any interest incurred and capitalized during the tax year, except for interest capitalized under Secs. 263 (g) and 263A (f); ...