When families move from India to another country, one of the challenges parents face is keeping their child’s vaccination schedule on track. Different countries follow different immunization guidelines, and this can sometimes lead to vaccine gaps. For NRI parents, understanding how to bridge these gaps is important for ensuring their child’s health and meeting the requirements of schools, daycares, and local healthcare systems. In India, the vaccination schedule is more

For Non-Resident Indians (NRIs) juggling financial commitments in both India and the United States, tax filing often becomes a yearly stress point. Each country has distinct regulations, reporting formats, and deadlines. The slightest oversight can lead to penalties or double taxation. That’s where Artificial Intelligence (AI) is proving to be a game-changer. Today, AI-powered tax tools are helping NRIs simplify,

Millions of borrowers with defaulted federal student loans will soon face renewed consequences as the U.S. government resumes collections. The Department of Education has confirmed that, beginning May 5, it will refer defaulted loans to the Treasury Department’s offset program. This program allows the government to garnish wages, withhold tax refunds, and seize portions of Social Security checks to collect unpaid student debt. These measures officially end the collections pause introduced

The Income Tax Department has officially released the Income Tax Return (ITR) forms 1 and 4 for the assessment year 2025–26, enabling individual taxpayers, Hindu Undivided Families (HUFs), and firms (excluding LLPs) with total income up to ₹50 lakh to begin filing their income tax returns. This marks the beginning of the tax season for income earned during the financial year April 1, 2024, to March 31, 2025. Taxpayers must submit their returns by the due date of July 31, 2025, to avoid l

In an eye-opening revelation that underscores the worsening cost-of-living crisis in California, new data shows that individuals earning over $100,000 annually in four Bay Area counties are now classified as "low income." According to a recent report from the California Department of Housing and Community Development, single residents in Marin, San Mateo, San Francisco, and Santa Clara counties fall into this category despite salaries that would be considered high in most parts of the

The Alameda County Fairgrounds, located in Pleasanton, California, is home to hundreds of low-income residents who face the prospect of displacement within the next month. This comes as a result of a significant decision that will alter the landscape of horse racing in Northern California. The California Authority of Racing Fairs (CARF) has announced the cancellation of all horse racing events for 2025 in the region, a move that directly affects the future of the Alameda County Fair.

In a significant policy shift, the United States government has implemented a rule mandating that all foreign nationals residing in the country for more than 30 days must register with federal authorities. This measure, rooted in historical legislation, has been revived and is now being enforced with renewed vigor. The rule stipulates that non-citizens aged 14 and above must submit their personal information, including fingerprints and residential addresses, to the U.S. Citizenshi

  Purchasing a home has become more financially demanding for potential buyers, with a new study highlighting the necessity for a household income over $100,000 in several states. According to Bankrate’s 2025 Housing Affordability Study, 30 states and Washington, D.C. now require at least this much in annual household income to afford a typical home in the area. The data further sheds light on the stark contrast between high-income regions, li

As the new financial year commences on April 1, 2025, several significant income tax changes have officially come into effect, directly impacting salaried individuals, senior citizens, investors, and taxpayers across the country. Announced during Budget 2025, these updates aim to simplify compliance, improve transparency, and provide substantial relief to the middle class. From revised tax slabs to increased deduction limits and changes in TDS thresholds, here’s a complete breakdown of

The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

The Union Budget 2025 has brought a major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing that individuals earning up to ₹12 lakh annually will have zero tax liability under the new tax regime. Additionally, salaried individuals can claim a standard deduction of ₹75,000, effectively making income up to ₹12.75 lakh tax-free. This move is aimed at simplifying tax compliance and increasing disposable income for millions of taxpayers.  

Union Finance Minister Nirmala Sitharaman is expected to introduce a new Income Tax Bill in Parliament today that will replace the existing Income Tax Act of 1961. The purpose of this new bill is to simplify the language and provisions of the current tax law, making it easier to understand and more accessible for taxpayers. The bill is part of the government’s ongoing efforts to reform and modernize the Indian tax system. The new bill will streamline various processes, eliminate complex

The Union Budget 2025 has introduced significant changes to the income tax regime, offering relief to middle-class taxpayers. Finance Minister Nirmala Sitharaman proposed raising the basic exemption limit to Rs 4 lakh and increased the income threshold for the rebate under Section 87A to Rs 12 lakh. This means individuals earning up to Rs 12 lakh, with a standard deduction of Rs 75,000, can avoid paying taxes altogether. But for those earning more than Rs 12.75 lakh, choosing between the old

Income Tax: Union Budget 2025 introduces a revamped tax regime, with key reforms aimed at providing relief to the middle class. The new tax slabs are as follows: Up to Rs 4 lakh - 0% Rs 4-8 lakh - 5% Rs 8-12 lakh - 10%

DTC to Be Introduced Separately: Sources have confirmed that the much-anticipated Direct Tax Code (DTC), which seeks to simplify India’s income tax laws, will be introduced separately and not as part of the Union Budget 2025. Finance Minister Nirmala Sitharaman is expected to deliver the budget speech on Saturday, but the new tax code will be presented at a later date. This move marks a shift from earlier reports suggesting the DTC would be included with the budg

Between April and November 2024, the Indian government dispersed Rs 3.08 lakh crore in income tax refunds, reflecting a significant 46% increase compared to the same period last year. As of November 22, about 98.35% of Income Tax Returns (ITRs) filed have been e-verified, with a record-breaking 69.93 lakh ITRs submitted on a single day, July 31. The total number of ITRs filed by November 22 stands at 8.50 crore, a 7.32% increase from the previous year. The introduction of innovation

The article highlights the significant increase in the number of wealthy individuals in India, specifically those reporting taxable incomes exceeding Rs 1 crore annually. Over 220,000 people now fall into this high-income bracket, with more than 100,000 of them joining in just the past three years. This sharp rise is attributed to the rapid economic growth in India, particularly in sectors such as technology, finance, and entrepreneurship. These industries have driven the creation of substant

Koratala Siva, a renowned filmmaker in the Telugu film industry, recently drew attention with his remarks about taxpayer privileges during a podcast hosted by former IAS officer Jayaprakash Narayanan. Known for his successful directorial career, Siva shared a personal anecdote about an incident at the airport where he felt entitled to special treatment due to his high tax contributions. During the podcast, Siva recounted an experience where, due to a tight schedule,