The IRS opens the 2026 tax filing season this month. Here's when you can file 2025 taxes, track your refund, and the last day ...

Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits ...

India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...

Resident and Ordinarily Resident (ROR) taxpayers with foreign income face challenges due to the December 31 deadline for revised and belated Indian Income Tax Returns (ITRs). This clashes with ...

Ahead of the Union Budget 2026, Indian taxpayers are calling for a simpler, fairer tax system. Key demands include ...

For the salaried class, one of the biggest hopes from Budget 2026 is an increase in the basic exemption limit under the old tax regime, along with a higher standard deduction. Taxpayers opting for the ...

Individuals who have obtained income tax registration must file income tax returns within the stipulated time for each tax ...

Every year, employers ask for investment proofs. Every year, a lot of people don’t take it seriously. Some forget. Some ...

Economic Offences Wing of Delhi Police has launched an investigation into alleged fraudulent GST transactions totalling ...

On May 8, 2025, the New York State Legislature passed A3009/S3009, the comprehensive New York State 2025-2026 Budget Act ...

This summary captures major notifications and court rulings issued during the week. The key takeaway is heightened regulatory clarity across taxation, markets, and foreign ...

The Tribunal ruled that additions based only on presumptions and low income of subscribers are invalid. Proper documentary evidence outweighs non-appearance under ...