Court of Appeal finds first-tier tribunal and upper tribunal erred in law when considering wording of condition in relation ...

Again, the power of regulating the Presumptive Tax Regime (PTR) is vested in the Minister (probably Minister of Finance). The whole regime is described in one paragraph provision, without details on: ...

This is a great opportunity for candidates who wish to work in the Income Tax Department. For this, the Income Tax Department ...

A key point of contention was the society’s claim for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961, for interest income received from various banks, including nationalized banks.

The Delhi High Court has held that the limit prescribed under Section 36(1)(iv) of the Income Tax Act 1961, on deductions ...

HMRC wins appeal against BlueCrest LLP, risking £200 million tax liability. Court rules certain members as employees for tax ...

Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...

OVER 500k workers in Ireland are missing out on tax back worth hundreds of euro, the Revenue Commissioners has warned. Around ...

Frustrations escalated this week over Indiana’s impending property tax relief plan that local Hoosier officials fear could bring deep cuts to municipal revenues.

The Southeastern Conference reported a financial deficit for the 2024 fiscal year after league made expansion-related ...

A fast-growing southeastern NC county has been contracting with a private nonprofit to provide fire and emergency services ...

Facing potential cuts from President Donald Trump’s administration, Connecticut Gov. Ned Lamont and the legislature are ...