India Tightens NRI Tax Rules from April 1, 2026, with Rule 9 Targeting Poor Documentation
India's Rule 9 of 2026 allows tax officials to estimate income for non-residents with unclear records. NRIs must…
CBDT Clarifies Income-Tax Act, 2025 Transition with FAQ, Rules, and Saving Clauses
India transitioned to the Income-tax Act 2025 on 1 April 2026, maintaining a dual-track system where the 1961…
H-1B Visa Holders Face Substantial Presence Test in 2026. When Are They Resident Aliens?
The 2026 H-1B update covers wage-based selection rules, tax residency tests, and new fees to ensure compliance for…
Why Every International Student Must File Form 8843 to Pass the Substantial Presence Test
Essential 2026 tax deadlines for international students: Form 8843 is due April 15 for those with income and…
IRS Says Average Tax Refund Hit $3,571, a 10.9% Increase as Direct Deposit Refunds Rise
The 2026 tax filing deadline is April 15. IRS data shows average refunds are up 10.9% to $3,571.…
IRS Form 1099-DA Flags Gross Proceeds Before Cost Basis Is Reported
The April 15, 2026, deadline requires crypto reporting via Form 1099-DA. Immigrants must ensure accuracy to avoid IRS…
Green Card Holder Tax Guide 2026: One Big Beautiful Bill for Worldwide Income and FBAR
Green Card holders must file 2025 taxes and FBARs by April 15, 2026. Failure to comply can risk…
From F-1 to H-1B Visa: When You Start Paying FICA Taxes
Learn how the F-1 to H-1B transition affects FICA, residency status, and treaty benefits in 2026. Manage payroll…
U.S. Businesses Navigate Schedule M-1 as Temporary and Permanent Differences Shift Taxable Income
Learn how to separate business tax terms from immigration policy to provide clear, accurate guidance for visa applicants…
Maharashtra Extends GST Appeal Deadline to June 30, 2026, for Earlier Tribunal Orders
Maharashtra GST tribunal appeal deadline extended to June 30, 2026 for orders received before April 1. Standard 3-month…
New Income Tax Act Takes Effect Today, Alters Basic Pay and Dearness Allowance Calculations
India's 2026 labor rules mandate basic pay at 50% of CTC, increasing retirement savings while potentially reducing monthly…
Madhya Pradesh Chief Minister Shivraj Singh Chouhan Pushes GST Cut on Agricultural Paper Bags
India reduces GST on agricultural paper sacks and boxes to 5%, aiming to cut farm logistics costs while…
Central Board of Direct Taxes Signs 219 Advance Pricing Agreements, India Tops 1000
India signs record 219 APAs in FY 2026, crossing the 1,000-agreement milestone to enhance tax certainty and reduce…
CBDT Mandates Financial and Ownership Disclosure in ITR-6 Under Finance Act 2024
CBDT notifies revised ITR-6 for 2025-26, mandating split capital gains reporting, detailed corporate IDs, and sector-specific disclosures for…