Section 68 of the Income Tax Act governs unexplained cash credits. If a sum appears in a taxpayer’s books and its nature or source is unclear or unsatisfactory, it is treated as taxable income. This ...

ITAT Chennai held that when the cash is sourced out of recorded sales, the provisions of section 69A of the Income Tax Act could not be invoked since sales have already been offered to tax and taxing ...

New entrepreneurs should master some key vocabulary from the business lexicon. Here are the most important business terms for ...

If shrinking government and cutting waste helps us balance a budget, so be it. I would love to see this new administration and Congress balance the federal budget.

The account yields 3.70% and doesn’t charge a monthly maintenance fee or require a minimum balance to earn interest. This account also offers the ability to bank in person. We compared 370 ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking ... your old bank and get a written confirmation of closure from a bank ...

To determine the top high-yield savings accounts, CNBC Select compared those with an above-average APY, FDIC insurance, zero monthly maintenance fees and low (or no) minimum balance requirements.

Terms may apply to offers listed on this page. The median transaction account balance is $8,000 -- that includes checking, savings, and other accounts. 54% of Americans can cover three months of ...

There is no fee for the account and no minimum balance. All services, including Interac e-Transfer, are free. EQ Bank also recently launched a prepaid reloadable card that earns you interest and ...

Hegseth skated through to confirmation with three GOP nays ... on the nomination and send it to the floor. Young released a letter from Gabbard where the nominee apparently allayed the senator ...

To find the right savings account for you, be sure to compare features such as the annual percentage yield (APY), fees, accessibility and any account requirements. Below are some of the savings ...

Opening a high-yield savings account is one of the top money tips ... 4.00/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent.