Faster tax refunds, tax demand notice deletion, and more can now be expected as I-T dept updates the ITR portal for online ...

The tax-collecting agency has thousands of special agents in its criminal-investigation division.

H&R Block has been doing taxes since 1955 and has 60,000 tax pros with an average of 10 years of experience. With their many service levels from complete DIY to online assist to fully in-person with a ...

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Donald Trump returns to the White House after a weekend of addressing national issues and attending key events (Image via Getty/Chip Somodevilla) President Donald Trump has voiced his idea of ...

Unlike donations to charitable trusts, there is no form or reporting mechanism under the Income Tax Act, 1961 for donations to political parties. Now, many who reported such donations in their ...

Deductions, also sometimes called tax write ... except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Roughly 37% of filers qualify. 1. The home office deduction ...

In terms of value, 84% of corporate filers contributed almost nothing to the total corporate tax collections of Rs. 7.16 lakh crore in the assessment year 2023-24.

All types of taxpayers (other than those who opted for presumptive taxation scheme) Upto 15% of advance tax Upto 45% of advance tax Upto 75% of advance tax Upto 100% of advance tax Taxpayers who opted ...

keeps my promise for a thing called 'No tax on tips,'" Trump declared to applause. "So if you're a restaurant worker, a server, a valet ... any other worker that relies on tipped income ...