Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...

The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.

The EITC is designed for people whose earned income was under $66,819 for tax year 2024 (tax returns generally filed in early 2025). The amount you get will depend on your adjusted gross income ...

Since the impugned assessment order was neither issued by an incompetent authority nor in violation of natural justice, and no challenge to the vires of statutory provisions was raised, the petition ...

Strengthening judicial infrastructure, incentivizing alternative dispute resolution ... for lower-income individuals and an increase in the basic exemption limit under both tax regimes to help ...

WASHINGTON – In a sign of how Republicans are prioritizing cracking down on illegal immigration, both houses of Congress passed the Laken Riley Act ... chief of staff under the Biden administration.

To resolve these challenges, the government has invoked Section 98 of the Finance (No. 2) Act, 2024, which empowers it to ... The taxpayer concerned will be deemed an appellant under the scheme.

Gift 5 articles to anyone you choose each month when you subscribe. Tokyo | Rio Tinto has offered the Mongolian government $US295 million ($472 million) to settle a ...

In a dramatic turn of events in the Telugu film industry, the Income Tax Department launched simultaneous ... found themselves under the scanner. The raids, which began in the upscale Jubilee ...

The Income Tax Department has received over 6,500 suggestions from stakeholders for simplifying the Act ... disputes and litigation, making the system fairer for all taxpayers. When Will the Direct ...