The new income tax Bill aims to simplify India's tax law, eliminating redundancies and improving readability without altering ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

Louisiana, the fight is not over yet. On March 29, the state will vote on four constitutional amendments, including changing ...

The Rajya Sabha witnessed chaos on Thursday as opposition parties protested following the tabling of the Joint Parliamentary ...

Georgia residents could soon see tax cuts and refunds, as two bills aimed at reducing the state’s income tax burden moved ...

The objective of the new Bill is to streamline the Income Tax Act, making it more succinct, understandable, and user-friendly ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

In the matter abovementioned ITAT allowed the appeal of the assessee after deleting the addition made u/s 68 after observing the fact that assessee had filed relevent details during assesssment.

You get two more months to file the tax return if you work outside USA or serve in military or naval service on duty outside the country. However, this does not mean that you get two more months to ...

Finance Minister Nirmala Sitharaman will introduce the new income tax in Parliament today. The new Income Tax Bill will replace the Income Tax Act of 1961. The new tax bill is being brought to ...

The delay in the approval of the Tax Laws Amendment Bill provided a major relief to the realty sector that could now ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...