The so-called One Big Beautiful Bill Act (OBBBA), which was enacted on July 4, 2025, as P.L. 119-21, made a number of significant changes to the tax law. Among these was the expansion of rules ...

The Indian rupee is experiencing a significant decline against the US dollar, which could impact inflation, exports, and corporate margins. While short-term effects are challenging, a weaker rupee ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The One Big Beautiful Bill Act (the “Act”) includes significant amendments to bonus depreciation under Section 168(k). The Act permanently reinstated “bonus” depreciation at 100% of the cost of ...

The Rupee has depreciated to ₹90.41 against the U.S. Dollar on December 3, 2025 which is a new record. It is among the worst performing currencies in recent times. Experts attribute this steep fall of ...

Much attention has been focused in the news on the useful life of graphics processing units, the dominant chips for artificial intelligence. Though the pervasive narrative suggests GPUs have a short ...

Nvidia is on a 1-year chip production cycle, while hyperscalers are depreciating AI chips on a 5-6 year useful life cycle, which is inflating the hyperscaler's earnings. Eventually, hyperscalers will ...

Meera Soni, 35, a doctor, owns a two-storey building in Pune. She uses the ground floor as her clinic and lives on the upper floor. The total value of the property, excluding the land value, is ₹80 ...

Real estate investors hoping to lessen their tax burdens next year are putting the pedal to the metal in a race to buy gas stations. Since 100% bonus depreciation became law in July, gas station, ...

Legislation passed in 2025 can provide significant additional tax savings for individuals who own rental properties or commercial real estate. A basic understanding of 100% bonus depreciation and ...

Until recently, bonus depreciation was on track to phase out entirely by 2027, leaving business owners with shrinking tax deductions and added uncertainty around capital planning. Then, on July 4, ...

The Indian rupee has seen a sharp fall since the start of this financial year, marking its steepest drop in two years. The slide has been driven by a mix of domestic and global factors. While the ...