Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up.

When it comes to their federal income tax returns, tens of millions of US households pay for tax preparation and filing. Yet ...

Booking.com platform earning of commission income is not taxable in India since AO has failed to discharge the onus of establishing assessee having fixed place PE in India. Accordingly, final ...

The Tribunal held that examining the donor’s creditworthiness and seeking income-tax returns at the registration stage is beyond the scope of section 12AB. Registration cannot be denied on such ...

Data released by the Central Board of Direct Taxes on Wednesday showed that tax receipts from corporations and individuals between 1 April and 10 February were over 80% of the revised direct tax ...

Central Board of Direct Taxes has released draft Income-tax Rules and Forms to simplify compliance under the Income-tax Act, 2025, cutting paperwork, raising PAN thresholds, and expanding tax-free ...

While still open for stakeholder consultation, the Income Tax 2026 draft offers the clearest indication yet of how the ...

From April 1, Income Tax Act, 2025, takes effect with draft rules already released. Key forms like Form 16, 26AS, 3CA, 3CB, 3CD, 10F, 10A are renumbered for simplified compliance.

The Income Tax Department has released the draft Income Tax Rules, 2026. These new rules are proposed to come into effect ...

The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...

The quarterly payments for 2026 are due by the following dates: ◾ First payment: April 15. ◾ Second payment: June 15. ◾ Third payment: Sept. 15. ◾ Fourth payment: Jan. 15, 2027.

Interest is one of the many benefits you can receive when you set aside money in a savings account. When you earn interest, your financial institution is essentially paying you to keep your ...