The U.S. tax code is subject to continual review by Congress. It's a system that honors merit; tax incentives in the United ...

One of the greatest benefits of the old tax regime is the right to claim a broad set of deductions and allowances not ...

Mysuru: In view of the extensive changes introduced in the notified Income Tax Returns (ITRs) and considering the time ...

GoLocal also reports that the bill includes, among other measures to relieve the primary-care crisis, a rate review by the ...

Salaried employees in India will receive their Form 16 documents for the Financial Year 2024-25 by June 15, 2025. This is an ...

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

Navigate tax planning in India with confidence. Learn strategies to save taxes legally, maximize deductions, and stay compliant with the latest laws.

Salaried individuals can switch tax regimes annually when filing ITR; business owners can switch once; the new regime offers ...

A proposal in the House version of President Trump’s tax and spending cut bill that could levy a 20 percent tax on foreign investors from countries that “discriminate” against the U.S. has ...

Typically, companies do not allow their employees to switch the tax regime in the middle of the financial year for the purpose of TDS on salary. However, an individual can choose any tax regime while ...

If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving ...