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Potential 2026 Changes to Estate, Gift, and GST Tax
A Q&A on the potential 2026 estate, gift, and generation-skipping transfer (GST) tax changes and how counsel should approach ...
Daily Mail15d
Lib Dem-run council 'spent £13,000 making a toilet block gender neutral' - as it hikes council tax by five per cent
The revelation comes after the Supreme Court ruled on Tuesday that the definition of a woman ... all while imposing a five per cent council tax hike, making Kingston the most expensive borough ...
Tax Guru15d
Section 270A Penalty For Concealment of Income under Income Tax Act 1961
2016 from assessment year 2017-18 a new Section 270A of the Income Tax Act added. Before that penalty was livable under section 271(1)(c) of the Act. As per Section 270A of the Act penalty for ...
Yahoo Finance15d
The Gift Tax Exclusion Doesn't Equal a Deduction
Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income ... gift tax exclusion, which allowed you to give up to $18,000 per ...
BBC18d
UK Supreme Court rules legal definition of a woman is based on biological sex
Specifically, they ruled that the definition of sex as used in the Equality Act 2010 is "binary" and decided by biology - a person who was not born as a biological female cannot obtain the legal ...
The New York Times18d
U.K. Top Court Says Trans Women Are Not Legally Women Under Equality Act
transcript Britain’s Supreme Court ruled on Wednesday that trans women do not meet the legal definition of women under the country’s Equality Act. However, the court said that transgender ...
Indiatimes25d
18% GST instead of 5% to be charged on dining in a hotel if room rent per night is above this; know how much more it will cost?
From April 1, 2025, all hotels that fall under the definition of ‘specified premises’ will charge an 18% GST (goods and services tax) from customers ... responsible for paying taxes as per section 9(5 ...
Indiatimes25d
Tax-free interest up to Rs 7000: Post Office Savings Accounts still offer relief under new tax regime; Here's how to claim it
No. 11 of the Table. Additionally, as per Clause (j) of Section 536 of the Income-tax Bill, 2025, all notifications issued under the 1961 Act continue to apply under the new law until fresh ...
The Daily Telegraph26d
How to give money to children without paying inheritance tax
There is also a £250 “small gifts” allowance per tax year. This allowance is per person, but you can give up to £250 to as many people as you like. Birthday and Christmas gifts made from ...
Live Law26d
Income Tax Act | Rajasthan HC Dismisses Challenge Against Proceedings Initiated U/S 153C Based On WhatsApp Chats, Says Chats Had Been Corroborated
the said chat could be considered to be falling under the definition of... Rajasthan High Court denied interference with initiation of proceedings under Section 153C of the Income Tax Act ...
Investopedia27d
States With No Income Tax
izusek / Getty Images As of 2025, eight states don’t levy income taxes: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, and Wyoming. Washington does not tax income but ...