Declaration of foreign assets: If foreign assets were not declared in the original Income Tax Return (ITR) filed for AY 2024-25, a revised return must be filed by December 31, 2024. Failure to do so ...

Crypto lending firm BlockFi has announced it will disclose information on its assets and liabilities as well as payments received prior to its bankruptcy filing in November. In a Jan. 9 Twitter thread ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, what can you lose when you file for bankruptcy? Here's a closer look ...

Missed reporting foreign assets in ITR for AY 2024-25? File a revised return to avoid Rs 10 lakh penalty (Image: FE) If you did not disclose your foreign assets in the original Income Tax Return (ITR) ...

With interest rates still elevated and stubborn inflation eating away at hard-earned salaries, many Americans are struggling to stay ahead of their bills right now. Credit card debt is also at record ...

If you are an Indian resident who receives income outside the country—through work from home, foreign investment, or inheritance—or possess foreign bank accounts or shares in foreign companies, the ...