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India's Draft Income-tax Rules 2026 set new ownership and operational criteria for infrastructure facilities to qualify for essential depreciation deductions.
India's CBDT unveils Draft Rule 26, exempting certain payments over ₹10,000 from electronic-only requirements to prevent tax disallowances…
India's draft tax rules centralize research approvals under NCSTI, allowing 100% deductions for scientific spending starting April 2026.
The U.S. Department of Education paused student-loan default collections in Jan 2026, delaying wage garnishment and tax offsets…
Florida House passes HJR 203 to scrap non-school property taxes for homesteads, creating a potential $14.8B local budget…
The EU blacklisted Vietnam for tax non-cooperation in 2026. Hanoi defends its transparency efforts while businesses brace for…
Draft Income-tax Rule 25 caps depreciation at 40% of WDV for taxpayers in concessional regimes, standardizing limits for…
Rep. Brian Fitzpatrick (R-PA) launches a legislative push to restore wind and solar tax credits eliminated by the…
Trump pledges to protect entitlements as CBO warns the OBBBA tax law accelerates Medicare insolvency to 2040, risking…
Meta reports a $16B hit from the Corporate Alternative Minimum Tax, highlighting the conflict between 2025 tax cuts…
