The income tax department has set a deadline of December 31 for filing a revised return for those who failed to disclose their foreign assets and income. The tax department also reminded taxpayers ...

When Hurricane Helene ravaged North Carolina, it left destruction in its path — and plenty of questions among homeowners ...

That also varies depending on where you live and work. Here's a primer on income tax: what it is, how it works, how to calculate it and which states don't have it. Holiday deals: Shop this ...

About 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.

With the Calendar Year set to culminate in a few days, there are a few income tax deadlines that are set to expire at the same time. These deadlines relate to the filing of belated income tax ...

7% of Income tax where total income is more than ₹1 crore 12% of Income tax where total income is more than ₹10 crores ...

The 2025 tax year is likely to be anything but typical. There’s a new administration, a new Congress—and some of Trump’s 2017 ...

However, a taxpayer can choose any tax regime while filing ITR. The option of choosing any tax regime while filing ITR is available if tax return is filed before expiry of ITR filing deadline. Income ...

IRS funding, beneficial ownership information (BOI) report update, 2025 standard mileage rates, tax filing deadlines, and ...

An individual or business that provides a service deemed taxable has to pay service tax to the government of India. This stands at 14% and has to be made over a regular period. There are specific ...

Taxpayers must use Schedule FA (foreign assets), Schedule FSI (foreign income), and Schedule TR (tax relief) in the appropriate ITR forms. It must be noted that ITR-1 and ITR-4 cannot be used for ...