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Tax Day 2024: What happens if you miss tax filing deadline?

According to the latest IRS statistics, the average income tax refund so far this season is $3,011, up $123 from last year.

The IRS is promoting the customer service improvements the agency rolled out since receiving tens of billions in new funding dollars through Democrats' Inflation Reduction Act. (REUTERS)
Published on Apr 15, 2024 09:55 PM IST
AP |

India, Mauritius sign protocol to amend tax treaty; principal purpose test introduced

India, Mauritius sign protocol to amend tax treaty; principal purpose test introduced

HT Image
Published on Apr 11, 2024 08:29 PM IST

Supreme Court’s 9-judge constitution bench reserves verdict in mineral tax case

The bench said the reality was that states which have the mineral resources are the poorer states and people are going from outside and exploiting minerals

The Supreme Court’s nine-judge bench concluded the hearings into the mineral tax case on Thursday (Amal KS/HT PHOTO)
Published on Mar 14, 2024 09:43 PM IST
ByAbraham Thomas

‘Grave danger to federal structure’: SC on denying states right to tax minerals

The Supreme Court will continue hearing the case on the power of states to levy taxes on mines and minerals on Thursday

The Supreme Court is hearing a batch of more than 80 appeals dealing with the question whether royalty charged on mining is a tax (Burhaan Kinu/HT FILE PHOTO)
Updated on Mar 13, 2024 09:50 PM IST
ByAbraham Thomas

IRS Direct File pilot: US' new free online tax filing program explained

12 selected states will be able to avail the newly launched system Direct File for filing returns to the IRS.

FILE - An Internal Revenue Service 2023 1040 tax form and instructions are shown on Jan. 26, 2024 in New York. It's tax season in the U.S., and for many people, filing tax returns can be a daunting task that's often left until the last minute. (AP Photo/Peter Morgan, File)(AP)
Published on Mar 13, 2024 04:58 PM IST
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