Faster tax refunds, tax demand notice deletion, and more can now be expected as I-T dept updates the ITR portal for online ...

The New Income Tax Bill, cleared by the Union Cabinet on 7 February 2025, is expected to be tabled in Parliament this week. Designed to simplify tax laws and reduce legal ambiguities, the Bill aims to ...

The new Income Tax Bill is likely to be tabled in Parliament this week. The Bill has been cleared by the Union Cabinet on ...

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 ...

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.

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

IRS-certified volunteers are ready to assist residents in the Green Valley area with their income tax preparation and e-filing needs. There will be five locations with operations differing slightly at ...

When dealing with income tax and TDS-related documents, understanding the password formats used to access these files is essential. These files, such as ITR V, Form 16, Form 26AS, or TDS certificates, ...

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 ...

Image Source : PTI/FILE PHOTO Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chairs the eighth pre-Budget consultation with the stakeholders and representatives from the trade ...

ITO, the Income Tax Appellate Tribunal (ITAT ... stating that the physical filing did not comply with the newly introduced e-filing system. This lack of awareness about the updated filing procedure ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...