The new Income-Tax Bill, built on the 1961 Act's strong foundation, simplifies and modernizes taxation by eliminating ...

One of the key updates is the replacement of the term "assessment year" with "tax year”, aiming to simplify taxpayer understanding.

Negotiations at the United Nations may gain new impetus after President Trump rejected the Organization for Economic ...

United Nations member states began negotiating a first-ever treaty on international tax cooperation that could replace the ...

You might not be keen on doing taxes on your smartphone because it may seem difficult and tedious, but there are many reasons why it might be a great idea for you: It's convenient. Not everyone ...

The Indian income tax policy has been a cornerstone of the nation’s economic framework, shaping growth and development across industries. However, over the years, its complexity has raised significant ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

In 2024, a debate on the objectives and design of a new UN Framework Convention on International Tax fully took off. By establishing a framework for intergovernmental cooperation, such a convention ...

As investors and industry experts await the Budget, the focus remains on aligning the tax framework to enhance fairness and incentivize long-term investments. Whether the government adopts AMFI ...

Economic security programs include: the refundable portions of the Earned Income Tax Credit and Child Tax Credit, which assist low- and moderate-income working families; programs that provide cash ...

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today, the first day the IRS is accepting and processing returns this tax ...

Tax season has officially begun, as the IRS is now accepting 2024 federal tax returns as of today, Monday, Jan. 27, 2025. Today also marks the first day taxpayers can use Direct File to submit ...