In celebration of the Tax Cuts and Jobs Act's seventh anniversary, lawmakers should commit to renewing the tax cuts.

Considers Randolph v. Joseph (In re Joseph), where a tax non-filer was denied a discharge for failure to maintain business ...

Delhi High Court held that revenue/ department is not entitled to adjust the refunds granted to the petitioner against demand ...

ITAT Ahmedabad held that interest income earned from deposits with co-operative banks is allowable as deduction under section 80P (2) (d) of the Income Tax Act. Accordingly, the appeal is allowed.

Mumbai: In a significant relief to taxpayers, the Bombay High Court has directed the Central Board of Direct Taxes (CBDT) to ...

GST Council addresses disaster levy, clarifies tax exemptions, and revises ITC norms, while deferring insurance premium GST ...

The GST Council approved key reforms, including a track and trace mechanism to curb tax evasion, while deferring decisions on ...

GST Council Meeting Recommendations: The GST Council has made several key recommendations aimed at simplifying and reducing the tax burden in specific areas. The 55th GST Council met under the ...

Health care sharing ministries offer reimbursements for members’ medical bills. But they are largely unregulated, and most ...

Over many years of start-and-stop efforts to build a Charleston-area road called the Mark Clark Extension, South Carolina ...

Senate Majority Leader Chuck Schumer, D-N.Y., right and Speaker of the House Mike Johnson, R-La., left, are listen during a U ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...