India's finance ministry has proposed extending the deadline for updated tax returns from two to four years to encourage ...

Marie Sapirie examines one of President Trump’s recent executive orders, a White House memorandum, and some scripted remarks ...

Budget 2025 offers a welcome increase in tax rebates, but it’s important to know where the benefits apply and where they don’t. Here’s a breakdown of how you can benefit from the new rebate—and the ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has “largely” received suggestions for “simplifying” the language, better “structuring” the ...

The Income Tax Department is currently hiring for the position of Assistant Director (Systems). Interested applicants can apply online through the official website until February 3, 2025. The ...

An internal committee of India's Income Tax Department, guided by suggestions for simplification and structural improvement, is paving the way for a new tax law. The proposed changes, inspired by ...

Ravi Agrawal says simplified tax slabs and zero tax on income up to ₹12 lakh will push more taxpayers to adopt the new regime ...

Agrawal said the government's and the Income-Tax Department's philosophy and approach is to ensure a "non-intrusive" tax ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...