The income limits for each tax bracket are increasing slightly in 2025. Calculate your taxable income by subtracting adjustments and deductions from your gross income. With marginal tax brackets ...

The Income Tax Return (ITR) is a required process for taxpayers to report their earnings and tax payments to the IRS (Indian Revenue Service), and it must be submitted by the specified deadline Filing ...

ITAT Kolkata held that Rule 128 (a) does not preclude the assessee from claiming credit for FTC in case of delay in filing the required form no 67. Also held that filing of form 67 is procedural ...

The IRS said Friday that it is providing relief from certain penalties imposed solely for failure of a partnership with unrealized receivables or inventory items to furnish Part IV of Form 8308, ...

In a significant move aimed at enhancing tax compliance and transparency, the Central Board of Direct Taxes (CBDT) has initiated an electronic campaign to address the discrepancies between the income ...

Treasury estimates foregone taxes from the capital gains tax discount in 2024-25 have more than doubled since the last ...

The policy shift comes after The Australian Financial Review revealed poker machine giants Aristocrat and Ainsworth Game ...

Success Tutoring and Achievers Tutoring received thousands in state funds from K-12 Education Tax Credit while paying ...

Spanish Prime Minister Pedro Sanchez is grappling with a series of legal probes involving his inner circle, including his wife, brother and former transport minister, that have tainted his leftist ...

Hence, aggrieved by the circumstances, the Petitioner filed the writ petition. Whether expression ‘already pending or decided ...

Inflation may be slowing and interest rates could be cut further, but households should prepare for higher tax bills next ...