Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax ...

In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions ...

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates ...

ITR Filing: After filing and submitting the income tax returns (ITR), many taxpayers wait for their income tax refunds, especially when they paid more income tax than required. Around 10 days have ...

In a statement, the Central Board of Direct Taxes (CBDT) said the income tax return filing portal is working smoothly and more than 7.57 crore ITRs have been filed till September 23, 2025. Till ...

The income tax return (ITR) filing for non-audit taxpayers for the financial year 2024-25 (assessment year 2025-26) concluded on September 15, 2025 after an extension of 45 days. The cutoff date ...

The IRS says goodbye to the summer by adding a new form, Schedule 1-A, to make it simpler for Americans to access deductions in their 2025 tax filings. For the first time ever, emp ...

Man Filling In The Tax Form 1040 for 2024 Year. Person Calculates of Planning Budgets Yearly Personal Finance and Fills up US Tax Form 1040 For 2024 Year. Signing 1040 Income Tax Return For 2024 Year.

“Interest earned from a savings account is taxable under the Income Tax Act. However, individuals and HUFs can claim a deduction of up to ₹10,000 in a financial year under Section 80TTA. If the ...

Earlier this month, Republicans approved a budget resolution that includes trillions of dollars in cuts to both taxes and government spending. Treasury Secretary Scott Bessent said on Tuesday that the ...

IRS Announces These Changes For 2025 Filing Season As the 2025 tax filing season progresses, the Internal Revenue Service (IRS) has outlined key updates taxpayers need to know when preparing their ...