The Business & Financial Times on MSN

GH¢22.6bn in tax revenue lost to phantom imports over 5-yrs

By Joshua Worlasi AMLANU &Ebenezer Chike Adjei NJOKUMore than GH¢22.6billion in tax revenue was lost by the state between April 2020 and August 2025 due to widespread under-declaration of imports and ...

How Savings Account Interest Is Taxed and What You Need to Know

Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...
Tax Guru

Deduction on Interest Payment Restored as ITAT Finds Transaction Genuine

Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...

Curious About Tax Strategies? Here’s The Average Tax Refund

The IRS refunded $311 billion to taxpayers in 2025—here’s how to cut your tax bill and keep more cash in your pocket next year.
The Financial Express

Sovereign Gold Bonds deliver up to 325% returns — Find out how much tax you will pay

In October 2025, investors from multiple SGB series are receiving redemption proceeds credited directly to their bank ...

Ask the Editor, October 31: Modified Adjusted Gross Income

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI ...