Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

ITAT Agra held that confirming penalty under section 271B of the Income Tax Act before finalization of quantum assessment is unjust and unfair. Accordingly, matter restored back to CIT (A) for fresh ...

Bank of America's retail banking head, Holly O'Neil, has projected a record net interest income (NII) for the year 2025. The bank anticipates a growth rate of 6% to 7%, with the consumer sector ...

Pre-tax income and revenue are two distinct financial metrics, each serving a different purpose in evaluating a company’s ...

Bank of America expects record net interest income in 2025, the head of its retail banking unit said on Tuesday.

Chief Financial Officer Jeremy Barnum said Tuesday the mid-year trough narrative regarding the bank's net interest income "is ...