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

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

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 Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

HMRC has now clarified that double cab pick-ups also remain classed as goods vehicles for VAT purposes as this is similarly ...

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

3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by ...

To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...

In theory, your child would pay less in capital gains taxes when disposing of the gifted stock, assuming they earn little to no income. However, it’s worth bearing in mind that the kiddie tax ...