Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

The IRS issued a news release urging taxpayers to be careful with their information by picking a reliable tax preparer.

President Donald Trump has said he is considering abolishing the Internal Revenue Service (IRS), and replacing it with what ...

Ramp explains that some of the most successful business owners know that tax planning is a year-round process, not a one-time ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

One key contention was the computation of taxable surplus from the life insurance business. The assessee argued that the assessment was not in accordance with Section 44 and Rule 2, which should be ...

Tim Ruffinen, a spokesperson for Hochul’s budget team, said that the cut fits with the governor’s focus on affordability, ...

Households are facing a perfect storm of bill increases next month, with energy, council tax and water all set to increase.

The AO’s case was based on an investigation report from the Income Tax Department’s Kolkata wing, which suggested that the share prices of Midland Polymers were manipulated. However, the ITAT noted ...

In Money today: the UK economy unexpectedly contracted by 0.1% in January; Morrisons is trialling a new way to pay; Asda has ...

Families will be forced to dig deep after a wave of price rises kick in all at once from the start of April. But there are ...