House panels are exploring ways to cover the cost of extending and expanding tax cuts passed in President Donald Trump's ...

Public engagement worked. We need more of it, says Editorials Editor Ginnie Graham, after a bill that sought to cut services ...

Americans fall victim to scams and frauds every day, but the next two months will see an increase in efforts to reach unsuspecting victims.

Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with ...

New Delhi: Individuals earning up to Rs 12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to middle class ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

This free automatic tax filing service will be offered to ... The invitation letter will lay out instructions and include phone numbers or a web link required to use each service.

Those who have registered for a self assessment tax return are sent a unique tax reference number (UTR) by regular mail, which can take time, but that number is yours for the long haul and you ...

Banks in India have found that many foreign nationals, including US citizens, have opened accounts using incorrect tax identification numbers (TINs). The tax office has alerted banks to these ...

Capital gains, including on the sale of a secondary property, such as a cottage, will be eligible for the $250,000 annual threshold, meaning a couple selling a cottage with a $500,000 capital gain ...