The new income tax Bill aims to simplify India's tax law, eliminating redundancies and improving readability without altering ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

An eligibility check on the IRS.gov website indicates that Hawaii is not one of the 25 states participating in the “IRS Direct File ” online income tax filing program for federal returns. Why not, and ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

The government expects that increased consumption resulting from lower income tax burdens will boost GST collections.

With India’s real estate market projected to contribute 13% to the GDP by 2030, these tax reforms are poised to have ...

The long-awaited Income Tax Bill, 2025 was finally tabled in the Lok Sabha, ending decades of hand-wringing. Following ...

Tax season is upon us and if your taxes are really simple, DIY might be all you need. However, if you run a business or are ...

The IRS began processing tax returns on Jan. 27 and says the number of returns are down compared to this time last year, but ...

According to the IRS, the fastest way to get your tax refund is to have it electronically deposited free of charge into your bank account through direct deposit. Taxpayers can use it to deposit their ...