Taxes are just a part of life, we all have to pay them. If you work, whether part-time, full-time or as a contractor, it ...

The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a ...

It aims to simplify the existing Income Tax Act, 1961, by making it more structured and easier to understand. If passed, the new law will come into effect from April 1, 2026.

The copy of the New Income Tax Bill 2025 (“ITB”) has been made available to the Members of Parliament (MPs) on 12 February 2025 and has been tabled in the Lok Sabha today. After the GST reform in 2017 ...

Receiving a bonus can be a delightful surprise, but the joy might be short-lived once you realize the tax implications. Learn ...

No matter what line of work you’re in, your goal may be to see your income increase from one year to the next. So if that’s ...

It’s important to understand how income tax withholding works ... your employer uses withholding tables provided by the IRS, along with other adjustments on your W-4, to help calculate the ...

The announcement of Nil tax for those with taxable income of up to Rs 12 lakh has brought cheer to all who fall in that category. However, many who are marginally above that ceiling will end up taking ...

If you're thinking that you can keep your tip income under the table, think again. If the IRS catches you withholding tips from your tax return, you'll be hit with a penalty requiring you to pay ...

DALLAS, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation ("Capital Southwest” or the "Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing ...