The ITAT held that Section 54 exemption must be examined separately for each residential house sold. The benefit cannot be restricted to one new house merely because multiple houses were ...

Bangalore ITAT held that allegations of capitation fee collections could not justify denial of exemption under Sections 11 and 12 without proof of statutory violations. The Tribunal followed binding ...

Endowment plans explained, how they combine life cover with long term savings, key types, features, tax benefits, and who ...

GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the ...

UMI ETF yields 5.9% from US/Canadian midstream energy stocks—potentially better after-tax income than bond funds. Click here ...

ISLAMABAD: The Federal Constitutio­nal Court (FCC) on Tuesday ruled that Section 7 E of the Income Tax Ordinance (ITO) 2001 was merely illusory since it was confiscatory in nature, imposed upon ...

A client can owe income tax this year on a structured note that has paid them nothing. The note might be a five-year growth note with no coupon. It might be an autocallable whose contingent coupon was ...

Discover the advantages and risks of principal-protected notes (PPN), a fixed-income product that ensures your principal with ...

Prince Harry and Duchess Meghan left behind substantial funding when they quit royal work. But the couple still makes millions today – and here's how. Coffee found to have startling effect on aging, ...

Barbar starts at InspereX in mid-July and will be based in Delray Beach, Florida. InspereX has hired George Barbar as chief commercial officer, as the firm continues to further its distribution ...

FINRA has announced a new targeted examination of member firm practices relating to the supervision of customer concentration in non-principal protected “worst of” structured notes — a higher-risk ...

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...