India Tightens Silver Bar Imports, Targeting High-Purity Under Revised ITC HS Code
India restricts 99.9% purity silver bar imports effective May 16, 2026. Importers now require DGFT approval to manage…
Articles by & updated by Sai Sankar
U.S. Taxpayers with Indian NRE Bank Interest Must Use Form 1040-X to Amend Returns
Learn how to correct missed Indian bank interest on U.S. tax returns, including NRE/NRO accounts, FBAR rules, and…
CP14 Notice Means Tax Due. Visa Holders and Students Should Check Withholding and Treaty Claims
The CP14 is the first billing notice the IRS sends for unpaid taxes. Verify your records and the…
Senate Bill 1080 Proposes Lower Taxes for All NC with Constitutional Income Tax Cap
NC Republicans propose lowering the constitutional income tax cap to 3.5%. If passed, voters will decide on the…
Seoul Apartment Listings Dry Up as Capital Gains Tax Surcharge Hits Multiple-Home Owners
Seoul apartment listings dropped 2.3% on May 10, 2026, as a 82.5% capital gains tax surcharge forced multi-home…
Australia Targets Crypto Capital Gains Tax Loopholes, Tightens 50% CGT Discount
Australia maintains crypto as a CGT asset in 2026 while tightening scrutiny on DeFi, staking, and record-keeping to…
Gavin Newsom Proposes 7.25% California Tax on Digital Prewritten Software
Governor Newsom proposes extending California's 7.25% sales tax to digital software and SaaS downloads starting 2027 to generate…
F-1 Students Who Missed Form 8843 Must Act. Taxable Income May Require Form 1040-NR
Correcting missed Form 8843 filings is vital for F-1 students to protect their 2026 immigration status and ensure…
Visa Holders and Nris Face IRS Refund Delays as Form 1040-NR, ITIN, Treaty Claims Stall
IRS warns Form 1040-NR refunds can take 6 months. Delays for visa holders and NRIs are tied to…