The Committee has suggested amending the clause that mandates income tax return filing solely for the purpose of claiming ...

The five types of income liable to tax include salary, capital gains, house property, business or profession and income from ...

A parliamentary panel reviewing the Income Tax Bill 2025 has recommended allowing TDS refunds even if ITR is filed late, ...

Confused about Rs 12,500, Rs 25,000, or Rs 60,000? Here’s what you can actually claim as Section 87A rebate for FY24 ...

President Trump recently signed into law the widely publicized "One Big Beautiful Bill Act," a legislative package reshaping tax benefits for corporate America.

Social media influencers now have their own tax code 16021, under ITR forms for FY 2024–25. The I-T department has classified them under the ‘profession’ category, making compliance more structured ...

On July 21, the Select Committee presented in Parliament its report, in which many important recommendations have been made.

Tax software company Avalara, which went private in 2022, disclosed on Monday it had confidentially filed for a U.S. initial ...

One of the key suggestions is that individual taxpayers should be allowed to claim TDS refunds even if they file their income ...

The government has reportedly accepted the committee’s recommendation and is expected to include it as an amendment to the ...

The village board unanimously approved $15,000 for the Can-Am Rugby Tournament to fund its weekend-long community carnival, ...

ITR-3 is for individuals and HUFs with business or professional income. F&O trading is treated as business, requiring books ...