The news report indicates that the government can bring a new income tax bill in the Budget 2025 session of the Parliament.

Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...

A New Era for Taxation & Personal Finance in India As India eagerly awaits the announcement of Budget 2025 on February 1st, ...

Indian businesses and foreign investors hope that the Government will continue with this streak and focus on a simple, ...

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about ...

A pilot program for the service successfully launched last year in 12 states. New Jersey did not participate because of a ...

Ahead of the Budget 2024, India’s corporate sector remains hopeful that the government will revive the growth trajectory and continue the momentum, especially by boosting manufacturing and investments ...

With Budget 2025 just two days away, India's middle class eagerly awaits potential tax relief. Key expectations include ...

In this write-up, we present our predictions for Budget 2025 — offering practical insights into what taxpayers can truly ...

Tax season is back again, which means it’s time to collect your W-2 and Form 1098, and Form 1099s and start filing. While ...

That includes payments for clothing, concert tickets, collectibles and household items. For the 2025 season, the digital ...