There was not much for the people to cheer about on the direct tax front, but then a lot has already been done ...

Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...

While large scale changes in tax rates are unlikely, the markets will look at some smart tweaking of tax rates ...

This is the time for Coloradans to ask themselves, ‘How much do we care about our kids?’ And to figure out what we need to do ...

The Income Tax Act, 2025 will come into force from April 1, Finance Minister Nirmala Sitharaman said. It will replace the six ...

Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the employer failed to deposit it. Recovery must be pursued only against the ...

WITH recent corruption incidents being unraveled, including alleged purchases of very high-end properties by government ...

Presenting the Union Budget 2026–27 in the Lok Sabha, FM Sitharaman said all direct tax changes proposed in the Budget would ...

Under Section 892 of the US tax code, foreign governments and their controlled entities — a category that includes SWFs and some public pension funds — do not pay US tax on what the IRS categorises as ...

Lawmakers are expected to revisit transportation, address the state budget, and introduce legislation in response to the ...

The IRS claims you should receive your tax refund 3 weeks after filing your tax return, but here's how to figure out exactly ...

The Trump administration hosted a Trump Accounts Summit on Jan. 28 in the frigid nation's capital, touting a federal program ...