The new Income Tax Bill restores exemptions for anonymous donations to trusts and changes TDS refund claim filing.

For FY 2024-25, the new tax regime is automatically applied to taxpayers. Salaried individuals can still choose the old ...

New Delhi, Aug 11 (PTI) The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all ...

THAT DIDN’T TAKE LONG: In the end, Billy Long made it about eight weeks as IRS commissioner. For comparison’s sake, it was ...

Income-tax e-Filing portal now requires extensive, non-notified information for Form 35 appeals, raising legal questions about platform's authority to modify a prescribed ...

Palantir is often called a data broker, a data miner, or a giant database of personal information. In reality, it’s none of ...

The era of widespread federal stimulus checks may be over, but the IRS is wrapping up the distribution of unclaimed 2021 ...

The legislation, once enacted, will formally replace the 63-year-old tax code with a modernised legal framework designed to align with evolving economic realities.

New Delhi: The Lok Sabha on Monday, August 11, approved the income Tax (No 2) Bill, 2025, alongside the Taxation Laws ...

President Donald Trump made an extraordinary move Monday morning to emphasize his commitment to law and order, during a ...

The Lok Sabha Monday passed the Income Tax Bill, 2025, marking a significant step towards replacing India’s six-decade-old direct tax framework with the government seeking to balance investor ...