Gross collections (before refunds) stood at Rs 7.99 lakh crore between April 1-August 11, a 1.87 per cent dip over Rs 8.14 ...

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

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

The New Income Tax Bill 2025 will come into force from April 1, 2026. It will replace the Income Tax Act, 1961, in operation ...

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 ...

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

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

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

For AY 2025-26, the ITR filing deadline for non-audit cases has been extended from July 31 to September 15, while audit cases ...

The Trump administration’s move to push out IRS Commissioner Billy Long came after the agency said it couldn’t release some ...

The Internal Revenue Service and the White House squabbled over the use of tax data to find suspected undocumented immigrants ...