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Policy● Neutral for Indian equities
IRS sends notices on Saver's Match to taxpayers who might qualify for new benefit, worth up to $2,000
The brief
- Saver’s Match offers eligible savers a federal match worth up to $2,000
- The program starts in 2027 and replaces the saver’s credit
- Income tax audit and ITR filing deadlines extended by 21 days
- CBDT extends audit-report deadline to October 21 and ITR deadline to November 21
- If neither tax nor fee, what is this ‘expropriation’, Supreme Court asks Govt on UPI MDR charges
- CBIC eases paperwork to claim concessional duty on imports from UK
- GST Council to simplify processes, cut penalties