The tax hike would impact a small portion (0.13%) of the wealthy population. According to the government, the inclusion rate ...

GDP growth. Stay tuned for real-time updates on tax slabs, exemptions, and major policy changes. The middle class in India, which forms the backbone of the economy, has long been waiting for greater ...

People are looking forward to the budget anticipating significant changes in the tax slabs under the new tax regime as well as a hike in standard deductions and Section 87A rebates.

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

Given the government's stated stance about fiscal prudence and the restricted fiscal space to sharply increase spending, a ...

LLP: An LLP is taxed as a partnership organization. The income of an LLP is taxed for 30% on profits, plus applicable surcharge and cess. There are no dividend distribution taxes (DDT) in LLPs, which ...

FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and cut the Income Tax Act, 1961's page-count by as much as 60 per cent.

Filing or updating your W-4 form this tax season is an important step in managing your financial health, but not always.

The IRS provides multiple ways to update your address, but the most reliable method is by filing Form 8822, Change of Address ...

All taxpayers must file a correct and timely tax return and should start their research by reading reviews and checking the ...

You can use your phone or tablet for a whole lot of things. You can, of course, take photos and send text messages (even by ...

It was, by any measure, a remarkable coup - a politician pulling off the seemingly impossible by announcing a new tax which the public actually supported.