As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

The IRS began processing tax returns on Jan. 27 and says the number of returns are down compared to this time last year, but ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 ...

An eligibility check on the IRS.gov website indicates that Hawaii is not one of the 25 states participating in the “IRS Direct File ” online income tax filing program for federal returns. Why not, and ...

Over six decades of amending the income tax law has made it an unwieldy legislation, increasing the incidence of litigation.

The New York Department of Taxation and Finance is encouraging people to consider using the Direct File program to file their ...

The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

According to the IRS, the fastest way to get your tax refund is to have it electronically deposited free of charge into your ...

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

The long-awaited Income Tax Bill, 2025 was finally tabled in the Lok Sabha, ending decades of hand-wringing. Following ...