Zero income with lavish lifestyle exposes weak enforcement as millions stay on the rolls without paying a rupee.

Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...

The progress of a nation, the establishment of justice and the effective operation of state administration rely heavily on ...

A stark revelation from the tax collection agencies should shame every policymaker who insists our economy has finally turned ...

Even if you’re not required to file a federal tax return, filing could unlock refundable credits worth up to $8,046, ...

Buyers of property from Non-Residents must deduct TDS under Section 195, with rates up to 30% for STCG and 20% for LTCG, emphasizing the importance of compliance to avoid ...

Kochi: High court has upheld a tax demand notice of Rs 15.37 lakh issued by the state motor vehicles department on a car ...

Tax returns this year have caused a state of confusion. The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ...

The Tribunal upheld the addition because the assessee could not prove the creditor’s identity, financial capacity, or the genuineness of the ₹50 lakh credit. Defective confirmation, NIL income of the ...

Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...

Understand Income Tax in India for FY 2025-26, including the latest tax rules, new & old tax slab rates, deductions, exemptions, special tax rates, and the complete ITR filing process under the ...