Observing procedural lapses, ITAT ruled that the penalty appeal should also be reconsidered in light of the fresh adjudication of quantum additions. The Tribunal restored the case to CIT (A), ...

The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...

The government has reported a rise in direct tax collections and foreign investment inflows following corporate tax rate reductions, effective from AY 2020-21 (except the pandemic-affected FY 2020-21) ...

The Sindh Cabinet approved the Agriculture Income Tax law during its meeting, proposing that agricultural income up to Rs600,000 annually will be exempt from tax, while the maximum tax rate for income ...

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament on Saturday. She announced no income tax on ...

So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

Lockheed Martin stock just fell by the most in a single session in more than three years. One-off charges dragged down the ...

The Budget documents make disclosures about the govt’s off-Budget borrowings. It contributes to fiscal transparency and ...

Buoyant personal income tax revenue allows tax relief in FY26 budget, according to finance secretary Tuhin Kanta Pandey. States need to implement reforms to qualify for interest-free loans. The ...

If India fails to achieve the required growth in the next 22 years, an ageing, slowing population growth will rob it of growth potential.

Garden City’s first new rentals in decades fuse upscale living with court-ordered affordability. Rents can run nearly $9,700 — or just $720.