Hawaii Lawmakers Approve Income Tax Relief, Solar Tax Credits Hit $40 Million Cap
Hawaii locks in 2026 income tax relief for families, adds a 13% rate for top earners, and caps…
Articles by & updated by Sai Sankar
India Hikes Customs Duty on Gold and Silver to 15%, Cites West Asia Crisis
India hikes gold and silver import duties to 15% as of May 13, 2026, to curb the trade…
United Nations Warns Equatorial Guinea Over U.S. Deportees at Risk of Third-Country Return
UN experts warn that U.S. deportations to Equatorial Guinea in 2026 risk 'chain refoulement' for migrants with established…
H-1B Workers Risk Filing Wrong U.S. Tax Return as Form 1040-NR Meets Substantial Presence Test
H-1B workers should not assume visa status determines tax filing. The substantial presence test, foreign income, and transition…
Failure-To-File Penalty Hits Harder Than Failure-To-Pay After April 15 Tax Deadline
The IRS failure-to-file penalty is 10x higher than late-payment fees. File by the 2026 deadline to save money,…
Landlords Pay Nearly A$7 Billion More in Taxes Than Homeowners, Fueling Rental Tax Debate
A new report shows Australian landlords pay A$7B more in tax than homeowners, complicating 2026 Budget plans to…
Australia Imposes 30% Minimum Tax on Discretionary Trusts from 1 July 2028
Australia to introduce a 30% minimum tax on discretionary trusts from 2028, targeting income splitting and raising an…
PM Modi Urges Indians to Halt Gold Buying for a Year to Protect Foreign Exchange
NRIs and Indian families are reassessing gold, bonds, and stocks in 2026 to prioritize liquidity and tax compliance…
Income-Tax Act Uses Deeming Fiction to Tax Loans as Deemed Dividends Under Section 2(22)(e)
Explore how Indian Income-tax law uses deeming fiction to reclassify loans, gains, and assets into taxable income, overriding…