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Trump faces a trillion-dollar tariff disappointment

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US President Donald Trump has decided to impose a 5 per cent tax on international remittances sent by non-citizens.

business

Published on May 19, 2025 06:31 AM IST

IRS tax refund update: Who's getting their check this week?

The Internal Revenue Service (IRS) is anticipated to make a fresh batch of payments this week to individuals who submitted their federal income tax returns in late April.

us news

Published on May 06, 2025 07:52 AM IST

CBDT to closely monitor top taxpayers, crack down on bogus deductions

CBDT has instructed IT officials to monitor top advance taxpayers to boost direct tax collections this financial year

business

Published on May 04, 2025 03:01 PM IST

Seeing an IRS payment plan submission error? How to resolve, get extension

Several users saw an IRS filing error on Tuesday

us news

Updated on Apr 16, 2025 09:54 AM IST

Tax Day is here! Exploring last-minute filing tips and extension options

The IRS tax filing deadline is on April 16

us news

Published on Apr 15, 2025 11:15 PM IST

IRS Tax Day: How to file your taxes for free on April 15?

Tax day is here. You can file your taxes for free using the IRS portal

us news

Updated on Apr 15, 2025 11:06 PM IST

Tax Day offers and food deals: Which restaurants are offering discounts today?

Several restaurants in the US are offering tax deals on April 15

us news

Published on Apr 15, 2025 08:29 PM IST

How to file your income tax returns: Step-by-step guide

Millions of Americans are getting ready to submit their federal income tax returns as the April 15, 2025 tax deadline draws near.

us news

Updated on Apr 12, 2025 04:57 AM IST

Gujarat man with ₹12 bank balance asked to explain ₹36 crore transactions

The man’s Permanent Account Number is believed to have been fraudulently used. (Wikipedia)

india news

Updated on Apr 10, 2025 11:38 AM IST

Property fraud: I-T searches at 5 locations of Ansal API in Lucknow

Earlier, the state government took a strict stand directing development authorities to register FIR against Ansal Properties and Infrastructure Limited for not following the norms while developing the high-tech town city in Lucknow. (For Representation)

lucknow news

Published on Apr 09, 2025 05:04 AM IST

Last date to link PAN and Aadhaar card free is Dec 31: Detailed guide on linking

The last date to complete the PAN-Aadhaar linking process is Dec 31, 2025.

india news

Updated on Apr 06, 2025 09:47 AM IST

IRS tax refund April 2025: Who will get back their deposit this month?

Thousands of taxpayers will receive their IRS refunds in April

us news

Updated on Apr 01, 2025 01:55 AM IST

How to calculate income tax if your income is more than ₹12 lakh per annum

Tax is calculated based on a series of slabs which are detailed as follows

business

Published on Mar 31, 2025 03:34 PM IST

Income tax, GST, UPI, banking: 5 financial rules changing from April 1

A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi, India, May 24, 2024.

business

Published on Mar 31, 2025 10:53 AM IST

How MP egg seller, UP juice vendor got tax notice over crores they didn't earn

An egg seller in MP got a notice claiming he owed the government ₹6 crore in Goods and Services Tax (GST) for a nearly ₹50-crore business he never knew existed.

india news

Updated on Mar 30, 2025 10:19 AM IST

IT dept sends notices for HRA claims without TDS deductions. What you can do

These notices are to ask the taxpayers to verify their claims and if they are incorrect, to amend their tax returns before the March 31 deadline.

business

Updated on Mar 28, 2025 01:24 PM IST

New Income Tax Bill to be taken up for discussion in monsoon session: Sitharaman

Union Minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget session of Parliament, in New Delhi, Tuesday, March 25, 2025.

business

Published on Mar 25, 2025 03:44 PM IST

How to file Income Tax Returns without a CA: A simple guide

There are several benefits of independently filing ITRs on your own.

business

Published on Mar 25, 2025 08:36 AM IST

As fiscal year 2024-25 comes to end, here are some last-minute tax saving tips

This means that all those who have to file their return by December 31, but haven't done so, will get an additional two weeks to do it.

business

Published on Mar 24, 2025 12:59 PM IST

Old tax regime vs new tax regime with revised slabs: What to choose in 2025-26?

Many of those who use the old regime may consider switching to the new one since the Union Budget 2025 has substantially brought down the slab rates for incomes up to ₹24 lakh.

business

Published on Mar 21, 2025 01:46 PM IST

FICCI wants more deterrents for tax officials in dispute cases

At the meeting of the Lok Sabha’s Select Committee on the new Income Tax bill, FICCI dished out some data to show that the tax department’s rate of success in litigation in tribunals, HC and SC stands at mere 7%, 9% and 15%. (ANI PHOTO)

india news

Published on Mar 13, 2025 08:34 AM IST

How to save tax on income up to ₹1.5 lakh using India Post schemes? Full details

India Post offers five small savings schemes that can be used to save income tax under the Old Tax Regime.

business

Published on Mar 07, 2025 07:02 PM IST

‘No warrant, no notice, this is surveillance’: Cong on new Income Tax Bill

Congress leader Supriya Shrinate addresses a press conference in New Delhi.

india news

Published on Mar 06, 2025 08:13 PM IST

New IT bill allows officers to access email accounts if evasion suspected

This is apart from the other conferred powers such as the powers to break open the lock of any door, box, locker, safe, almirah, or other receptacle for exercising the powers conferred by clause" and "to enter and search any building, place, etc., where the keys thereof or the access to such building, place, etc., is not available."

business

Updated on Mar 06, 2025 09:11 AM IST

How to file Income Tax Returns? Step-by-step guide, documents required

The deadline for ITR filing is July 31.

business

Updated on Mar 05, 2025 02:03 PM IST

Tax rebate confusion: Capital gains impact on new ₹12 lakh threshold explained

Nirmala Sitharaman with Union Minister of State for Finance Pankaj Chaudhary and other officials outside the Finance Ministry ahead of the presentation of the Union Budget 2025-26.

business

Updated on Feb 23, 2025 01:41 PM IST

I-T Dept uncovers ₹22,000 crore in undisclosed foreign assets and investments

Revised Income tax slabs: Under the new tax regime, a nil tax slab will apply to annual incomes up to ₹12 lakh ( ₹12.75 lakh for salaried taxpayers with a standard deduction of ₹75,000).

business

Published on Feb 18, 2025 04:38 PM IST