Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...

A New Era for Taxation & Personal Finance in India As India eagerly awaits the announcement of Budget 2025 on February 1st, ...

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about ...

Indian businesses and foreign investors hope that the Government will continue with this streak and focus on a simple, ...

A pilot program for the service successfully launched last year in 12 states. New Jersey did not participate because of a ...

With Budget 2025 just two days away, India's middle class eagerly awaits potential tax relief. Key expectations include ...

The motoring body has spoken out via Twitter, now X, to issue an alert over the need to ensure documentation is kept safe - ...

There has been an increase in enforcement action and strategies relating to cybercrimes, supply-chain related offenses, VAT fraud, corruption, ...

In this write-up, we present our predictions for Budget 2025 — offering practical insights into what taxpayers can truly ...

That includes payments for clothing, concert tickets, collectibles and household items. For the 2025 season, the digital ...

A cheat sheet for new brackets, deductions and credits you need to know for filing 2024 taxes and for this year’s tax ...