Taxes
Tax filing requirements for immigrants, visa holders, expats, and NRIs. Covers 2026 brackets, treaty benefits, FBAR and FATCA compliance, ITIN applications, and state tax obligations for non-residents.
CBDT Proposes New Income Tax Form 130 to Simplify TDS Reporting
The Indian government is introducing Income Tax Form 130 to consolidate salary, pension, and senior citizen interest reporting into a single TDS certificate. This reform, effective April 2026, replaces older…
Takaichi Vows to Pause Food Consumption Tax After Election Win
U.S. taxpayers must prepare for April 15, 2026 deadlines regarding estimated taxes and foreign account reporting. Simultaneously, Japan's…
Credit Unions Blast New Washington State Tax on Bank Deals
A new Washington state tax imposes a 1.2% gross receipts levy on certain credit union acquisitions of banks.…
GST Portal Invites Online Applications for Composition Scheme 2026
The Indian government set March 31, 2026, as the deadline for GST taxpayers to switch to the Composition…
Vietnam Proposes 0.1% Crypto Transaction Tax
Vietnam's proposed crypto framework introduces a 0.1% tax on transaction value for individuals and a 20% profit tax…
NRIs in U.S. Must Report Global Income Despite India’s Budget 2026 Simplification
Most U.S. filers must submit 2026 tax returns by April 15, 2027. Despite India’s Budget 2026 simplifying some…
CBDT Unveils Draft Income Tax Rule, 2026 with Significant Updates to Income-Tax Act, 2025
The CBDT’s 2026 Draft Income Tax Rule streamlines India's tax code by reducing rules and forms, starting April…
Malawi Businesses Shut Down in Protest Over Pay as You Earn Tax Changes
Malawian traders shut down major cities in February 2026 to protest new tax hikes and a mandatory electronic…
H-1B Remote Work from India Triggers Tax Exposure and Employer PE Risk
Delays in H-1B visa stamping have left thousands working remotely from India, creating severe tax and compliance risks.…
Clawback Question Raised Over NRI LTCG Tax Relief Under Section 10(38)
NRIs face confusion over 'clawback' rules for Indian share sales in 2026. Analysis shows exemptions like Sections 10(38)…