Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...

The ITAT held that once a resolution plan is approved under the IBC, income-tax proceedings cannot continue. Revenue appeals challenging deletion of additions were ...

The Income Tax Gazetted Officers’ Association and Employees Federation have characterised the tax targets as irrational and ...

The Rhode Island Public Transit Authority’s (RIPTA) governing board would welcome a share of revenue from a millionaire’s tax ...

Tax professionals say freelancers and independent contractors often underestimate how long unreported income can remain on the IRS's radar.

The National Assembly on Thursday passed the Income Tax Ordinance (Third Amendment) Bill, 2025, aimed at strengthening the Alternative Dispute Resolution (ADR) mechanism for tax disputes.Moved by ...

Taxpayers face significant delays in receiving refunds and tax relief even after winning cases at the ITAT and other appellate authorities. This administrative inertia, where tax officers delay ...

If approved, the proposed income tax initiative would generate approximately $32.8 million annually to support district ...

Kehoe claims this move would enhance Missouri's competitiveness and economic growth.

The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.

With the Income Tax Act, 2025, set to kick in from 1 April, the upcoming Budget must prioritize compliance, clarity and ...