The Bombay High Court set aside an Income Tax order against the late Nitin Desai’s company, citing lack of Central Board of ...

Income tax should not be paid on money provided through state-based catastrophe loss mitigation programs, says a U.S. Senate ...

Immigrants residing illegally within the U.S. could no longer receive child tax credits or tax breaks for low income earners ...

And the potential loss of expertise in information technology and cybersecurity could put both agency efficiency and taxpayer ...

Will Finance Minister Nirmala Sitharaman provide the much needed GDP growth boost in the Union Budget 2025? FM Nirmala Sith ...

First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...

Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA ...

Tax season is underway which means getting tax forms prepared for filing. Volunteers from AARP and the IRS Volunteer Income ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

It was also noted that the budget-writing committee has not yet set a revenue projection from which to set the budget against ...

Simple errors could lead to costly mistakes on your federal tax return. For instance, while it seems like a no-brainer that you'd remember to sign your tax form or that your arithmetic would be ...

There have been concerns raised by taxpayers and netizens regarding the unequal taxation of wealthy farmers when compared to ...