Taxpayers preparing to file their income tax returns (ITR) for the assessment year (AY) 2025-26 will need a detailed set of documents, including income proofs, investment records, and tax deduction ...

Welcome to the Money blog, Sky News' personal finance and consumer hub. Today, news of a bank switch offer and a crucial ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

U.S. Senate Republicans are moving forward on President Donald Trump's sweeping tax-cut and spending bill that includes major ...

The 'One Big Beautiful Bill Act,' known as H.R. 1 in the U.S. Senate, introduces sweeping tax reforms aimed at providing ...

What Tax Form Does a Day Care Provider Need to Provide?. ... The rules for claiming the deduction are different for day care than other home businesses, as the IRS details in Publication 587.

Watson says the tax cut in the bill is only about 14% the size of what Trump pitched during the campaign. Federal taxes on Social Security benefits are paid by about 40% of the roughly 70 million ...

Income tax return is one of the most crucial processes that is done annually. ... Keep your PAN, Aadhaar, bank statements, Form 16, and investment proofs ready to avoid last-minute hassle.

The CBDT has notified all seven Income Tax Return (ITR) forms for AY 2025-26, incorporating new capital gains rules. This update aligns with the Union Budget 2024 rules on capital gains tax ...

Here, we list out changes for different income tax e-filing forms. ITR forms: Multiple changes rolled out this year I. ITR- 1 (Sahaj) and 4 (Sugam) ...

ITR-5 is the income tax return form for a wide range of entities other than individuals and HUFs. For Assessment Year 2025–26, this form is applicable to partnership firms, LLPs (Limited ...

As the new tax year kicks off, Brits are being urged to make a crucial check to ensure they're paying the correct amount of tax. The new tax year started on April 6 and will run until April 5 ...