The main objective of the new income tax bill is to streamline the existing Income Tax Act of 1961 to enhance comprehension of income tax laws among the general public and minimise legal disputes.

The proposed I-T Bill would introduce the concept of ‘tax year’ to replace the financial year and is likely to be 622 pages ...

The number of income tax return (ITR) filings in India has increased over the past five years, with state-wise and year-wise data highlighting the trend. A significant portion of these filings result ...

Tax season is underway. If you filed immediately, there’s a good chance your federal tax refund will hit your bank account ...

The tax office will soon start sending out "simple assessment" tax calculations to Brits who have not paid enough income tax ...

The New Income Tax Bill, 2025, proposed by the Ministry of Finance to introduce the concept of a 'Tax Year' to replace the ...

It is used as an alternative to self assessment, where you would need to fill in a tax return, if HMRC cannot collect the tax ...

Tax season is in full swing, and the IRS anticipates that 140 million individuals will file returns by April 15. Here's the IRS tax refund schedule for 2025 and other information that will help you ...

If you're looking to save some extra money or maybe pay off some debt, a tax refund could help. Here's how to track your tax ...

Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.

The bill consists of 23 chapters, 16 schedules, and 536 clauses, covering a broad spectrum of tax-related provisions.