If the tax administration becomes more accommodating, the business community will likely respond positively. For instance, ...

At present, small tax-payers with special rate income such as short-term capital gains are unable to claim the rebate under section 87A, even if their income is below the basic exemption limit, as the ...

What are the income-related monthly adjustment amount (IRMAA) for Medicare Part B and D in 2025, and how does it work? MARCA ...

The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...

In its Pre-Budget Memorandum 2025, ICAI advocates for tax reforms that foster economic growth and support sustainability. Suggestions include providing tax benefits for climate change mitigation ...

Beginning January 10, the IRS Free File program will start accepting individual tax returns. Millions of taxpayers across the country can access free software tools provided by IRS Free File partners ...

ITAT Bangalore held that non-granting of accumulation of income under section 11 (2) due to delay in filing Form 10 not justified since delay was condoned by appropriate authority. Accordingly, appeal ...

Muhammad Cheema explains how he could target £2,000 in monthly passive income over time by making use of a Stocks and Shares ISA.

The changes involve simplifying the language and rationalizing information by using formulas and tables, and won't include ...

Budget 2025 could simplify tax compliance for NRIs by addressing procedural challenges, such as setting thresholds for Tax ...

Saudi tax authorities give certain taxpayers until Friday, January 10 to submit necessary paperwork or face fines. The Zakat, ...

The IRS quietly released an Action on Decision on January 2, 2025, which provides significant concessions to taxpayers ...