U.S. Labor Dept. Proposes Safe Harbor for Alternative Assets in 401(k)s After Executive Order
The DOL opened comments on a 2026 rule to allow alternative assets in 401(k)s. A 60-day window ends…
Articles by & updated by Sai Sankar
May 9 Deadline Looms Over Land Transaction Permits and Capital Gains Tax Surcharge Moratorium
South Korean homeowners must sign sales contracts by May 9, 2026, to avoid massive tax surcharges. Practical deadlines…
U.S. Businesses Turn to Schedule M-1, Schedule M-3 to Reconcile Taxable Income
Learn the 2026 IRS requirements for reconciling book and taxable income using Schedules M-1 and M-3, including filing…
CBDT Mandates Unique Identification Number (UIN) for Form 121 No-TDS Declarations
India mandates UIN for Form 121 tax declarations from April 2026, increasing transparency for NRIs and visa holders…
Finance Bill 2026 Fixes 12% Surcharge on Buyback Capital Gains
India implements a flat 12% surcharge on share buyback gains effective April 2026, benefiting high-income earners but raising…
Ferguson Readies Washington Millionaires Tax, Senate Bill 6346 for Signoff
Washington moves toward a 9.9% tax on income over $1M. Gov. Ferguson is set to sign the bill,…
Welsh Labour Has Not Set Out Income Tax Plans Ahead of Manifesto
Welsh Labour has not yet confirmed an income tax freeze pledge or released its 2026 manifesto, creating uncertainty…
House Rent Allowance Claims Now Need Form No. 124 Disclosure Under Rule 205
New India tax rules from April 2026 require HRA claimants to disclose landlord relationships via Form 124, ensuring…
No Six-Month Gap Rule for B1/B2 Visa Re-Entry, CBP Decides at Port of Entry
B1/B2 visa re-entry depends on individual patterns and CBP discretion, as there is no official 'six-month gap' rule…