The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to help taxpayers reconcile discrepancies ...

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This initiative focuses on individuals with taxable income or high-value transactions recorded in their AIS but who have not ...

In absolute terms, the number of ITRs filed in FY24 stood at 8.09 crore, higher as compared to 7.4 crore in FY23 and 6.96 ...

For the first time, New Mexico’s investment income is expected to surpass its revenue from personal income taxes.

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 ...

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 ...

For married couples, choosing to file taxes jointly or separately can have a significant impact on the amount of income tax owed. In the vast majority of cases, couples save money by filing ...

A federal income tax bracket determines a taxpayer's tax rate. There are seven tax rates for the 2025 tax season: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Filing status and amount of taxable income ...

To receive financial aid for 2023-24, we need to understand your 2021 tax filing. To determine what tax information you need to provide, please answer the following question: For 2021, have you ...

The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to assist taxpayers in resolving mismatches ...