News

On April 29, the government introduced ITR Forms 1 and 4 for the assessment year 2025–26, aiming to simplify the tax filing ...
This paper updates the projections of the Fund’s income position for FY 2025 and FY 2026 and proposes related decisions for the current and the following financial years. The paper includes proposed ...
On April 18, 2025, the Executive Board of the International Monetary Fund (IMF) completed its annual review of the Fund’s income position for the financial year (FY) ending April 30, 2025 ...
The Income Tax (IT) departmemt will target undisclosed foreign travel expenses making it mandatory to disclose details of ...
BusinessTech writes that the two provinces comprise half of the country's household expenditure. The average household income in the Western Cape was also the highest at R356,651 and R250,646 ...
As the year winds down, you may be wondering just how much tax you’ll be paying once you file your 2024 income tax return. Especially if you changed jobs or earned self-employment income ...
Bofip-Taxes n°BOI-RSA-BASE-30-50 relating to employees' professional expenses deductible from gross income Bofip-Taxes n°BOI-BAREME-000001 on the flat-rate assessment scale for the cost of ...
We usually look at only a small sample of these records during an inspection, often in anonymised form. In rare circumstances we may take a copy of parts of a person’s records. If you do not want us ...
The finance ministry on Tuesday notified Form ITR-B through the gazette which needs to be filed by taxpayers who need to reveal any previously undisclosed income caught in an income tax search or ...