FY 2025-26. As the new financial year begins, many new income tax laws take effect. It is important to take note of these new ...
With Michigan individual income tax filing season winding down, the Michigan Department of Treasury is reminding Michiganders ...
ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...
The Permanent Account Number (PAN) is a unique 10-digit alphanumeric identifier issued by the Income Tax Department. The ...
An executive order from President Trump will require government agencies to make electronic payments for tax refunds, Social ...
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Income Tax Notice: Income Tax Department is sending notices to these people, they will have to pay a fine of Rs 10 lakh..If you have filed your income tax return (ITR File), but all the information in it has not been filled correctly, then you ...
HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA exemption under Section 10 (13A) of the Income Tax Act if they pay rent for ...
One option taxpayers have is challenging demand notice before tax appellate authorities, using the Bombay High Court's ruling ...
Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...
After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill" of tax breaks and ...
While the regular tax filing deadline is April 15, those living and working outside the U.S. receive a two-month extension and can file by June 16.
We're told that "Liberation Day" tariffs on imports from around the world will raise $6 trillion in federal revenue over the ...
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