He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law which will be introduced in the Parliament soon. He lauds Budget 2025 for ...

Earlier on Friday, the Union Cabinet led by Prime Minister Narendra Modi had given the approval for the new Income Tax Bill.

The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax ...

The answer is clear as day that Congress didn't steal from Social Security's trust funds. If you want to know what's really ...

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 ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

The expiration of provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) at the end of 2025 presents an opportunity for ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...

electing to file a tax return under section 216 of the Income Tax Act Non-resident's investments in Canadian mutual funds Non-resident's investments in Canadian mutual funds, withholding tax, ...

“The new Income Tax law will be introduced in the Budget session of Parliament. It will be a new law and not an amendment to the existing Act. Currently, the draft law is being vetted by the law ...