ITAT Delhi ruled that validly filed Form 10-IC ensures eligibility for Section 115BAA concessional tax rate. Key takeaway: timely filing secures lower corporate tax in subsequent ...

If you've received an audit from the Central Collections Agency and thought no big deal, think again, because now you may ...

The Madras High Court held that delay in filing Form 10B required under Section 44AB for the purpose of Section 12A(1)(b) of the Income Tax Act, 1961, is not a ground to deny ...

State pensioners have been alerted to the possibility of receiving a new tax bill soon. As state pension rates rise, an increasing number of pensioners are becoming liable for income tax. The current ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Turkey’s plan to scrap a withholding tax exemption on certain mutual funds will impact 84 funds managing about 71 billion liras ($2.1 billion), according to an impact analysis reviewed by Bloomberg.

The Federal Board of Revenue (FBR) on Friday announced the removal of the "Estimated Fair Market Value" column from income tax return forms for 2025, following the approval of Prime Minister Shehbaz ...

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

The Special Investigation Team (SIT) has formed a 20-member team to investigate the Dharmasthala mass burial case. India and UK ink free trade deal, Britain's biggest since Brexit; PM Modi calls it ...

A new version of a plan to sell vast tracts of public lands to help pay for President Donald Trump’s massive package of tax cuts has been added back into the Senate’s latest version of the package.

Mr. Furman, a contributing Opinion writer, was the chairman of the White House Council of Economic Advisers from 2013 to 2017. There was much to dislike in the package of large and regressive tax cuts ...

CLAIM: Relief checks being sent to U.S. taxpayers by the government under the coronavirus economic recovery bill will have to be paid back. THE FACTS: Videos and online reports claiming that millions ...