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Canada Approves $7,500 New Tax Credit for Home Renovations: Check Eligibility, Payment Dates and How to Apply

April 2025 | Ottawa — In a move to support low-income and rural households,...

Trump Administration Corrects Tariff Rate on Indian Steel Imports to 26% in Updated White House Document

In a recent revision of a White House trade document, the Trump administration has...

New US Tariffs Ranging from 10% to 50% Take Effect in Two Phases

In a significant development in global trade, the United States has announced an Executive...

The Effect of the 27% Reciprocal Tariff: Minimal Impact on India, Higher Prices for Americans

The recent imposition of a 27% reciprocal tariff on certain Indian exports has raised...

Trump Slaps 27% Reciprocal Tariff on India, Calls Modi a ‘Great Friend’

In a significant trade move, US President Donald Trump has announced a 27% reciprocal...

“Isolate U.S.A.”: China, Japan, and South Korea Unite to Counter U.S. Tariffs

In a landmark agreement, China, Japan, and South Korea have decided to jointly address...

US Border Agents Seize More Illegal Eggs Than Fentanyl Amid Rising Poultry Smuggling

The United States is experiencing a surge in egg smuggling, with U.S. Customs and...

Trump Slams India’s 100% Tariffs, Announces Reciprocal Tariffs from 2 April 2025

In a fiery address to a joint session of the U.S. Congress, President Donald...

Input Tax Deduction Allowable On Destroyed Goods: Pakistan Supreme Court

The Pakistan Supreme Court has held that input tax adjustments are allowed even on...

US Tax Court Imposes Fraud Penalty For Tax Evasion On Unreported Income

The US Tax Court has imposed the fraud penalty for tax evasion on unreported...

IT Software Rentals Constitute ‘Royalty’, Rules Pakistan Supreme Court

Unlike Indian scenarios and rulings on taxability of IT software rentals, the Supreme Court...

Switzerland Suspends Unilateral Application Of MFN Clause With India under DTAA; Indian companies To Face Higher Tax

Switzerland has suspended the unilateral application of Most Favoured Nation (MFN) clause with India...

Latest articles

Conversion To Islam Doesn’t Automatically Confer Backward Class Muslim Status: Supreme Court

The Supreme Court has upheld the quashing of a Tamil Nadu government order enabling...

Unpaid Loan Amount Can’t Be Refunded to Buyer: Supreme Court

The Supreme Court has held that a homebuyer seeking a refund for delayed possession...

AT-1 Bond Write-Down Invalid: Administrator Can’t Exercise RBI’s Regulatory Powers: Supreme Court 

The Supreme Court has upheld the Bombay High Court’s decision setting aside the write-down...

Profitable Companies Can Face Insolvency Over Loan Default; Accounting Disputes Can’t Stall Admission: Supreme Court

The Supreme Court has held that a company’s profitability cannot shield it from insolvency...