Endy Arya Yoga and Nanda Atsatalada of GNV Consulting summarise legislative updates concerning corporate income tax reduction ...

Over 8 crore income tax returns have been filed for AY 2024-25, with 74% of taxpayers choosing the new tax regime. Around 75 ...

An employer's coverage is considered "affordable" if the employee's share of the premium for self-only coverage doesn’t ...

A long-delayed set of proposed regulations on the tax treatment of previously taxed income should be issued by the end of the year, an IRS official said Wednesday. “We are very, very confident” in ...

Seniors should not pay taxes on Social Security.” This was the rallying cry of president-elect, Donald Trump, during a speech ...

The Employee Provident Fund (EPF) serves as a long-term retirement saving scheme for salaried employees in India, governed under the Employees Provident Fund & Miscellaneous Provisions Act, 1952.

In effect, Trump's tax strategy relies on replacing income taxes with a kind of new sales tax, shifting the tax burden more heavily onto low-income individuals, which Vice President Kamala Harris ...

The Karnataka State Chartered Accountants Association (KSCAA) has submitted a representation to the Central Board of Direct Taxes, outlining critical issues affecting the Income Tax Portal. Taxpayers ...

Philadelphia’s portal connects to a new city every three minutes, rotating between Vilnius, Lithuania; Lublin, Poland; and Dublin, Ireland, according to a statement from Portals.org. Soon ...

Tax brackets are progressive; higher income equals higher tax rate. Tax deductions lower taxable income, credits reduce tax owed directly. Understanding effective tax rate helps gauge actual tax ...

9.9 For the purpose of payment of compounding charges, the following path on e-Filing web-site of the department is relevant: “Login on e-Filing portal e-Pay Tax New Payment —4 Income Tax Minor Head ...