Proposed Income Tax Bill 2025 allows reassessment beyond time limits under GAAR, with safeguards against misuse.

Fifty years after the establishment of the Earned Income Tax Credit (EITC) as a valuable aid to millions of U.S. citizens ...

During President Donald Trump's successful campaign bid last year, he proposed eliminating individual income taxes for all ...

Tax brackets 2025 have been updated, impacting how much you owe or get refunded this year. Understanding the IRS tax refund ...

The Mississippi Senate has voted to pass a tax cut that reduces the state income tax and the sales tax on groceries while ...

President Trump has indicated he’d like to do away with the federal income tax, replacing it with tariffs and other taxes on ...

The Income Tax Department has launched a crackdown on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...

Maximize Allowances to Reduce Tax Liability The Income Tax Department provides various exemptions and deductions, allowing ...

During his campaign, President Trump proposed no tax on overtime and tips — mostly affecting people who work in the service or hospitality industry.

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...

Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...

Bangladesh has witnessed a rise in online income tax return submissions, with the number of e-returns increasing by more than ...