Welcome to the Money blog, Sky News' personal finance and consumer hub. A digital bank has launched a savings account with a ...

ITAT Mumbai rules that gifts received shortly after marriage are exempt under Section 56(2)(vii) of the Income-tax Act. The decision clarifies that "on the occasion of marriage" includes gifts ...

The moment a family member passes away, it’s perfectly understandable to have a wide range of emotions. From sadness and ...

Katherine Cullen, a federation vice president, told NBC Palm Springs that consumer spending is higher for Mother’s Days than other holidays that don’t take place in winter, such as Christmas..

Your mother-in-law has waited this long. She should hold onto the stock.

In India, an Income Tax Return (ITR) is a mandatory document that eligible individuals must submit to the Income Tax ...

In 2017, a Republican-controlled House and Senate passed the landmark Tax Cuts and Jobs Act. The TCJA more than doubled the ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

The Pogalz family home was washed away, but now, months later, it is being rebuilt with the help of a nonprofit, a knife company and a country music star. Nonprofit We Must Protect, Buncombe County ...

As mentioned, Income tax on gifts received is applicable when the total value of gifts exceeds ₹50,000 in a financial year. ... Wedding Gifts: Gifts received by a newly married couple from their ...

Worse, if you gift assets to your HUF, any income they generate could still be taxed in your hands under clubbing provisions (Section 64 of the Income-tax Act, 1961). To steer clear of these ...

A non-profit, a country music star, and a knife company came together to provide a home to a family who lost its home in Hurricane Helene.