Finance Bill, 2025 proposes to amend Section 139 of the Income Tax Act to extend the time limit for filing an updated return from 24 months to 48 months from the end of the relevant assessment year.
The government has proposed to increase the tax rebate available to individual taxpayer opting for the new tax regime. Tax ...
The IRS is expecting over 140 million individual tax returns for the tax year 2024 to be filed ahead of April's deadline.
The Internal Revenue Service estimated Phillip Mak owed $1.9 million in taxes, interest and fees, said a federal indictment.
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In case of an NRI property seller in India, the buyer is responsible for withholding a tax, known as TDS, before making payment for the property. Awareness of the TDS procedure will enable a smoother ...
Now taxpayers have a longer timeframe of up to 48 months to file an updated income tax return which was 2 years earlier. The ...
ProShares Bitcoin ETF benefits from Bitcoin's price surge. Find out why BITO offers an attractive 57% annual yield and a ...
As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...
Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...