Draft Income Tax Rule 36 Targets Affordable Housing and Semiconductor Units
India's CBDT draft Rule 36 sets tax benefit criteria for affordable housing and semiconductor units, introducing price caps…
Articles by & updated by Oliver Mercer
Income Tax Rules Draft Tighten Unrealised Rent Cases, Rural Branch Advances
The 2026 Draft Income-tax Rules set strict proof requirements for unrealised rent deductions and standardize bank calculations for…
Draft Income Tax Rule 23 Calculates Pro Rata Discount on Zero Coupon Bonds Under Section 32(d)
India's CBDT Draft Rule 23 introduces a daily pro rata formula for zero coupon bond discount deductions, effective…
IRS Issues Final Rules on Required Minimum Distributions Under Secure 2.0
The IRS has delayed final RMD regulations via Announcement 2026-7, linking the new compliance timeline to future Federal…
MCA CCFS-2026 Lets Companies Clear Pending Filings with 10% Fee on MCA-21
India launches CCFS-2026, a 3-month amnesty from April 15 to July 15, 2026, allowing companies to settle overdue…
American Airlines Restarts Puerto Vallarta Flights After Cartel Violence
Airlines resume flights to Puerto Vallarta and Guadalajara after cartel violence caused 50-95% cancellation rates. Travelers face lingering…
African Development Bank Group and African Union Renew Push for Visa-Free Travel
The AU and AfDB urge African nations to adopt visa-free travel to unlock the full economic potential of…
North Texas Antifa Cell Faces Trial in Prairieland Detention Center Shooting
Nine alleged Antifa members face trial for a domestic terrorism plot and the shooting of a Texas police…
Senate Democrats Stall Homeland Security Funding Without ICE Enforcement Limits
Senate Democrats block DHS funding, extending a partial shutdown while demanding ICE enforcement reforms and stricter oversight of…