The Central Board of Direct Taxes (CBDT) issued a circular on November 4 that outlines the monetary limits for waivers or ...

As we continue into the new year, 2024 brings a wave of changes in state taxes across the country. From gas taxes to property tax amendments and income tax cuts, being aware of these changes is ...

The federal tax gap—money people and companies owe Uncle Sam but fail to pay on time—has climbed to historic highs: $696 ...

Kenyan corporate donors will need to check that the charitable organisations to which they donate hold a valid income tax ...

Capital gains tax rules on gold have changed from July 23, 2024. However, the new rules are applicable to physical gold and ...

According to a new index from the Tax Foundation, New York and New Jersey have the worst tax systems while Wyoming and South ...

Under the new rules, any non-financial asset -- when sold ... You can, meanwhile, seek an exemption on income tax when you use the sale proceeds to buy a property. "Under section 54F, one can ...

Income Tax rules: The Income Tax Department has introduced new guidelines with the objective of streamlining the process of compounding tax offenses as per the Income Tax Act, 1961. These revised ...

Rep. Matthew Willard, D-New Orleans, was the most skeptical member of the Ways and Means Committee of the proposed income tax ...

The Central Board of Direct Taxes (CBDT) has recently unveiled new income tax forms that will bring about modifications to tax regulations. With these updates, various individuals will now have ...

On September 17, an amendment to the Income Tax Rules (Relief in Issuance of Shares to Employees) was officially published, approximately 20 ...