Sweden Sets ₹2.76 Lakh/month Threshold for Indian PR Seekers in 2025
From June 17, 2025 Sweden mandates a SEK 29,680 monthly base salary for most non‑EU/EEA work permits, affecting…
Articles by Sai Sankar
Permanent $750,000 Acquisition Debt Limit Enacted for 2026 Onward Under OBBBA
Acquisition indebtedness interest is deductible within caps: $750,000 for post-12/15/2017 loans and $1,000,000 for older loans. OBBBA makes…
2025 SALT Deduction Cap Rises to $40,000 for Most Filers
In 2025 the SALT cap rises to $40,000 ($20,000 if married filing separately). You can deduct either state…
Understanding Medical and Dental Expenses Deductions for 2024: What Qualifies
You can deduct medical expenses actually paid during the tax year that exceed 7.5% of AGI; eligible items…
Nondeductible Expenses List: What IRS Rules Say About Personal Costs
The IRS, as of September 3, 2025, continues to bar deductions for most personal expenses unless they are…
When Itemizing Deductions on Schedule A Beats the Standard Deduction in 2025
For 2024 returns (filed in 2025), taxpayers should compare the standard deduction ($14,600 single; $21,900 HOH; $29,200 MFJ)…
Understanding 2024 Standard Deduction Rules and Eligibility Impacts
2025 standard deduction amounts rise to $15,750 (Single), $23,650 (HOH), and $31,500 (MFJ), with larger age/blind add-ons and…
US Announces New Immigration and Travel Fees Starting Sept 30, 2025 Under H.R. 1
Starting Sept 30, 2025, DHS raises key travel fees: ESTA to $40, Form I-94 (land) to $30, and…
Campus Ambassador Roles Abroad: A Smart ₹25K–₹70K Monthly for Indian Students
Campus Ambassador positions offer Indian students abroad flexible, resume-building work with typical monthly stipends of ₹25,000–₹70,000; duties take…
Comparative Taxation of Trusts and Political Donations: India vs USA
India grants tax exemptions for registered public trusts and allows deductions for non-cash political donations, while private trusts…