Consider someone who worked abroad for a few years, opened a bank account, returned to India and forgot about it. Or an employee who received foreign employee stocks options plan (ESOPs) years ago, has not sold them, earned no dividend and paid no tax. Or someone with a dormant overseas brokerage account that saw no transactions during the year.
The National Taxpayers Union Foundation’s Taxpayer Defense Center filed a lawsuit Monday against the Internal Revenue Service seeking to end the collection of private donor information from nonprofits, arguing it’s unconstitutional under the First Amendment. Processing Content The lawsuit was filed on behalf of Young America’s Foundation, a 501(c)3 conservative-leaning nonprofit led by former Wisconsin…
MILAN, July 9, 2026 /PRNewswire/ — Greenberg Traurig continues to strengthen its Milan office with the launch of a fully integrated tax offering, combining transactional tax advisory and tax litigation, through the addition of a team led by Luca Marraffa, joining as shareholder, alongside Cristina Biscontri, Samuele Amato, and Aurora Jannacone Pazzi, who join from…
At 36, I had everything I ever wanted. I was a senior communications leader at one of the world’s biggest entertainment companies, earning a title and salary that I had worked my entire career to get. Not only did I have my dream job, but also an amazing group of friends and family, a healthy…
The advertising and publicity expenses of life insurance companies declined in the financial year 2025-26 (FY26) compared with the previous year (FY25), owing to a drop in such expenditure by private life insurers. According to experts, private life insurers cut spending following the Goods and Services Tax (GST) exemption on individual term insurance, which…
Union Labour and Employment Minister Mansukh Mandaviya announced on 8 July that Aadhaar-linked Universal Account Number (UAN)-based PF accounts will now be transferred automatically when members change jobs, eliminating the need to submit separate transfer applications. While the process is expected to become much smoother, the automatic transfer is not guaranteed in every case. Incorrect…
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