FM Nirmala Sitharaman adds that the government will take forward the concept of ‘trust first, scrutinise later’.

Investment reporting and rental income (Schedules D and E, and K-1s), plus business income, expenses on a Schedule C, home office ... pay for tax software is often a function of how complex ...

Commercial properties are favoured by some investors as they typically generate higher returns than residential properties, along with having other benefits such as longer leases. But many others shy ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

The existing Income Tax Act is often perceived as overly broad and complex, making it challenging for taxpayers to navigate on their own. Many individuals find it necessary to seek guidance from ...

Britain’s “increasingly complex” tax system is ... to satisfy increasingly difficult tax rules, according to a report by the National Audit Office (NAO). The NAO said the figures were ...

The 2025 US tax filing season officially begins on January 27th, and Americans will soon be reminded that our tax code remains a complex ... When it comes to federal income taxes, more than ...

Union Budget 2025: Last year, Sitharaman in her budget speech proposed a new tax structure under the new income tax regime. Finance minister Nirmala Sitharaman will present the Union Budget on ...