Income tax liability on salaried individuals earning less than Rs 20 lakh a year, broadly described as middle class, has fell ...

But House lawmakers voted 71-23 to make a temporary 0.40% sales tax increase permanent. Lawmakers shaved off 0.05% to bring ...

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lower share of their income ...

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious concern that Tax Laws (Amendment) Act ...

If a taxpayer fails to meet the November 15, 2024 deadline for filing their ITR, they can still choose to submit a belated ...

The CBDT asked I-T investigation agencies to compile data on properties with Completion or Occupation Certificates for ...

Mississippi Republican Gov. Tate Reeves said Wednesday that he will continue pushing lawmakers to phase out the state income ...

Lancaster city is set to increase earned income taxes next year, and officials say a higher rate could keep taxes steady for ...

The Finance Minister’s recent announcement of a comprehensive review of the provisions of the Indian Income-tax Act, 1961, ...

I submitted the tax audit report for AY 2024-25 within the prescribed due date, but missed the deadline for filing the ITR.

The Finance Ministry has established 22 specialised sub-committees to examine various aspects of the Income Tax Act, with an ...

Discover smart tax-saving strategies for the upcoming year. Learn how to maximize your deductions, minimize your tax burden, ...