The Income Tax (No 2) Bill, aimed at replacing the six-decade-old Income Tax Act of 1961, has been passed in the Lok Sabha, introducing a ‘S.I.M.P.L.E’ framework Streamlined structure and language, Integrated and concise, Minimised litigation, Practical and transparent, Learn and adapt, and Efficient tax reforms. Presented by Finance Minister Nirmala Sitharaman, the bill has been reworked based on 285 recommendations from a select committee led by

A high-stakes contest is unfolding in Santa Clara County as candidates scramble to replace longtime Assessor Larry Stone in a special election scheduled for November 4. With the nomination period closing on Friday, a growing roster of hopefuls has already raised hundreds of thousands of dollars in what is shaping up to be a fiercely competitive race. The victor will temporarily fill Stone’s seat until December 2026, with a formal reelection campaign required in 2025 for a full term.

  A new study ranking the safest suburbs across the United States has placed Highland Park, a Chicago-area community, among the top locations for safety and quality of life. The ranking, compiled by financial planning company SmartAsset, analyzed 360 towns located within a 45-minute drive of a major U.S. city. Highland Park secured the 14th spot on the list, making it one of the standout safe suburbs in the nation. The comprehensive ranking was based on several key

For many Non-Resident Indians (NRIs) living in the United States, investing in real estate—whether back home in India or within the US—can be an overwhelming process. From understanding the market dynamics to dealing with documentation and finding the right property, the journey involves multiple layers of decision-making. Artificial Intelligence (AI) is quietly changing that by offering NRIs smarter, faster, and more reliable ways to handle their real estate needs. One

A Columbus resident has spent the last eight years mowing and caring for a vacant lot next to his home, unaware that the property did not belong to him. The man, an 80-year-old U.S. Army veteran, believed the lot was part of his rental home in the Hilltop neighborhood. He paid $1,300 a month in rent and assumed the adjoining land was included in the space he was responsible for. Over the years, he took full responsibility for keeping the property in shape, cutting down weeds, trim

In a move that will impact millions of residents, Texas lawmakers will return to the Capitol in Austin on Monday, July 21, for a 30-day special legislative session to consider 18 critical agenda items. The session comes on the heels of the 89th regular legislative session earlier this year, during which Governor Greg Abbott signed more than 300 bills into law. The current session will take on a mix of emergency responses and deeply conservative policy shifts, including major legislative propo

Homeowners in a Texas neighborhood are grappling with the aftermath of multiple power surges that caused thousands of dollars in damage to home appliances and electrical systems. The surges, which occurred in June, affected several houses in a subdivision where residents reported unusual electrical activity—ranging from flickering lights to malfunctioning appliances and repeated circuit breaker trips. As the damage mounted, so did the frustration and confusion over who would be held respon

A law enforcement officer in Dallas is facing serious charges after being accused of stealing over $37,000 worth of electronic products while working off-duty as a night security guard. The officer, who has served in the department since 2013 and was most recently assigned to a training unit, allegedly exploited his access to retail stockrooms over an extended period. The case surfaced after internal investigators and federal authorities began to scrutinize a pattern of inventory shortages repor

Apple has made headlines with its latest real estate investment spree, spending over half a billion dollars in just one week. The tech giant finalized two major property purchases in Silicon Valley, underscoring its commitment to expanding its footprint in the region. On June 24, Apple closed a deal to acquire the 220,000-square-foot Cupertino Gateway complex for $166.9 million. Located on North Tantau Avenue in Cupe

Santa Clara County property values have reached a historic high, with the total net assessed value of real estate and personal property now approaching $726 billion. This rise, however, comes with a significant caveat: it reflects the county’s slowest year of growth in more than a decade. Economic uncertainty, mounting construction costs, and a steep drop in demand for commercial space have created strong headwinds for the region's development. Despite the record-setting

The property market in Dubai has seen an increasing influx of Indian investors in recent years. Despite perceptions of cheaper real estate, the reasons behind this boom go beyond just affordability. With rising property prices in India and increasing dissatisfaction with local real estate conditions, many Indians are turning their eyes to Dubai for more promising returns and opportunities. Although the average price

California is taking a significant step toward establishing the country’s first official insurance standard for smoke damage, aiming to address a persistent and often overlooked issue affecting wildfire survivors. Every year, wildfires leave behind more than scorched land—they also blanket homes in soot and smoke that can carry toxic substances, even when structures remain standing. Currently, there are no statewide or national guidelines requiring insurers to cover the cost of testi

Do we have children because we have wealth and need someone to inherit it? Or is it because we have nothing, and hope that a child will care for us in old age? These two questions—seemingly opposite—have existed quietly in the hearts of families across generations. But the truth is, neither of them alone captures the complete reason why human beings bring children into this world. Inheritance and care may be outcomes, but not the essence. In families that possess pr

NRIs (Non-Resident Indians) looking for housing in Texas can fall victim to scams. These frauds target those unfamiliar with local markets or unable to inspect properties in person. Here are the top 3 scams to watch out for and how to avoid them. 1. Phantom Rental Listings How It Works: Fraudsters post fake listings on websites like Craigslist, Zillow, or Facebook Marketplace. They ask for an upfront deposit or rent through untraceable methods after the NRI

Buying a home is more than just a financial decision; it's an emotional one. It’s where memories are built, and dreams take shape. However, for many families, this dream seems distant due to high property prices and financial constraints. Thankfully, in 2025, the dream of homeownership has become more achievable, particularly in Ahmedabad. According to the latest Affordability Index by Knight Frank

Increasingly, middle-class Indian couples are opting to invest in property in Dubai rather than India to build their retirement wealth. A notable trend among Indian buyers in the UAE reveals that many couples, after years of hard work and savings, have managed to purchase two to three properties. These properties offer attractive rental yields of 6-7%, and are financed at an interest rate of just 5%. This financial model provides sustainable assets that genera

Rumors of a slowdown in Hyderabad’s real estate market have been circulating since Revanth Reddy assumed office as Telangana's Chief Minister. However, recent developments suggest quite the opposite. The Telangana Housing Board's latest land auction in Kukatpally Housing Board (KPHB) Phase 7 tells a compelling story of a market not just surviving but thriving. During the auction held at the local commun

A massive transformation is on the horizon for India’s real estate sector. The proposed Registration Bill 2025 seeks to modernize a century-old system by shifting the country’s property registration and ownership records online. The goal: eliminate fraudulent transactions and increase transparency, especially in cases where Non-Resident Indians (NRIs) have been easy targets due to their absence from physical property sites.

For decades, owning a house was seen as a proud achievement in Indian households symbolic of success, stability, and adulthood. Parents often pushed their children to buy homes early, even if it meant burdening themselves with heavy EMIs. But in 2025, the mindset of India’s younger generation is shifting. With rising property prices, changing work patterns, and a desire for lifestyle freedom, more and more young Indians are opting to rent rather than buy. The traditional belie