Rising prices and volatile markets have turned gift giving into a small financial planning exercise. For families on fixed ...

The issue was whether foreign bank balances funded through LRS could be taxed as unexplained credits. ITAT held that once the source and opening balance are established, section 68 cannot be invoked ...

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The Federal ...

Want to file your 2025 federal income taxes early as possible? Jackson Hewitt advises you take that approach, as more than 31% of tax filers admit to procrastinate filing taxes, according to ...

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...

President Donald Trump believes that the federal income tax will be abolished in the near future and replaced entirely by tariffs. Trump made the bold claim about an income tax-free America during ...

What Is an Income Statement? An income statement, sometimes called a profit and loss statement or P&L, shows how much money a company made and spent during a specific period, usually a quarter or a ...

The second-largest county in the United States has established a permanent guaranteed basic income program after the success of a previous pilot version. The Cook County Board of Commissioners ...

Chancellor Rachel Reeves’s second Autumn Budget had been anxiously awaited for weeks – though, thanks to a gaffe at the Office for Budget Responsibility (OBR), the wait was cut short. As widely ...

JPMorgan Equity Premium Income (JEPI) delivers a 7.17% dividend yield and generated an 11% income yield over the past 12 months using an options writing strategy. Global X SuperDividend US (DIV) holds ...

Commerzbank CBK0.48%increase; green up pointing triangle nudged up its guidance for the year as it expects its top line to continue to be supported by higher income from the interest it makes on loans ...