Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer language and concise sentences, ...

The Quad Cities Chamber is calling its members to action as federal policy changes threaten to disrupt its member businesses, ...

Guam’s 2025 income tax filing season starts Monday, Jan. 27, the Department of Revenue and Taxation announced on Wednesday. DRT is reminding taxpayers that all filings for 2024 tax returns must ...

Sitharaman spoke on issues ranging from the theme of the Budget to income tax relief and challenging geopolitical environment ...

In the case of Charu Modi Bhartia Vs DCIT before the ITAT Delhi, the tribunal overturned a penalty levied under Section 271(1)(b) of the Income Tax Act. The penalty stemmed from the assessee’s refusal ...

India’s Test and ODI captain Rohit Sharma ... A 15-year-old fan, Yathaarrt Chhabria, wrote an emotional letter to the cricketer, expressing admiration for his achievements and urging him ...

A topic of regular discussion around Budget presentation and submission period is the statement from ... for agriculture income (an example). So, India Income Tax authorities should be ready ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...

A letter to the editor was posted on Jan. 10 in ... Water is projected to bring over $1 million a year in property tax to local governments. And the Edison development will likely provide more.