UPI Transactions Safe as Lok Sabha Bill Clears MDR Confusion
Finance Minister Sitharaman confirms UPI remains free for consumers as new 2026 legislation shifts potential merchant fees to…
CBDT Circular 11/2024 Sets Procedure for Delayed Tax Refunds Under Section 119(2)(b)
India implements a tiered approval system for delayed tax refunds, delegating authority by claim amount to speed up…
Corporate Laws Amendment Bill 2026 Proposes Ending Trust Notice Recording in Company Registers
The 2026 Corporate Laws Bill would stop companies from recording trust notices in registers, focusing recognition on registered…
Trump Mass Deportation Plan Would Cost Average U.S. Taxpayer $2,358 Says Report
EPI report: Mass deportations may cost U.S. taxpayers $2,358 each, totaling $268.9 billion by 2029 while impacting GDP…
$4,427 EITC Refund “Approved”? What’s Real, Who Qualifies, and When the IRS Pays
The viral “$4,427 refund approved” claim uses a real IRS number misleadingly: it is the maximum 2026 EITC…
Poland Weighs Progressive Tax Scale, Higher Tax-Free Allowance Before Election
Poland may raise its tax-free allowance to PLN 60,000, but officials favor a phased approach because of budget…
Become an Authorized IRS E-File Provider in 2026: Pass Suitability Checks for Your EFIN
Tax firms must secure an IRS EFIN and pass suitability reviews to e-file in 2026. This guide covers…
Labor’s Widow Tax Fix Targets Negative Gearing Grandfathering Rules
The Australian government has moved to fix the “widow tax” flaw in Labor’s property tax package. The draft…
East Cleveland Income Tax Hike Proposal Aims to Exit Fiscal Emergency
East Cleveland proposes an income tax hike to 2.5% on the November 2026 ballot to resolve a $2.6…
Non-Resident Single-Homeowners Face Fourfold Tax Hike on 2 Billion+ Homes
South Korea announces a fourfold property tax hike for nonresident owners starting in 2027, while the U.S. updates…
Government Targets High-Value Non-Owner-Occupied Homes in New Tax Overhaul Plan
South Korea's property tax reform starting 2027 favors resident owners while increasing the tax burden on multi-home investors…
Missouri Voters to Decide Tuesday on Phasing Out State Income Tax
Missouri voters decide on Amendment 5 on August 4, 2026, a plan to phase out individual income tax…
Tax Preparers Need Written Consent to Avoid Civil Penalties for Sharing Returns
Learn the 2026 rules for tax preparer consent, privacy safeguards, and essential recordkeeping periods to avoid penalties and…
India Raises Salary Allowance Exemption Limits from April 2026 Under Rule 280
India updates salary exemption ceilings from April 2026, increasing limits for education, hostel, and military allowances under the…