If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

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 ...

The core issue before the High Court was whether the penalty order was time-barred under Section 275 (1) (c) of the Act, which stipulates a limitation period for penalty orders. Property Plus Realtors ...

Whether you will be "OK" in retirement will depend on expectations.Some can live comfortably on smaller incomes, while others ...

Ares Capital is a business development company (BDC) that provides capital to middle-market companies with $10 million to ...

No statistical contortion can hide the growing divide between the 1 percent and everyone else. How much income do America’s households take in? How much do they have left after taxes? Do ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

You pay your federal income tax liability through withholding from your paycheck, estimated tax payments (usually if you’re ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

The government said it tried to allay the concerns of India's middle class, particularly income tax payers, in the Union ...

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...