The Income Tax Act was enacted in the year 1961 and is the statute under which everything related to taxation is listed. This includes levy, collection, administration and recovery of income tax.

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

This holiday season your state tax dollars can be a Christmas gift to foster teens who are preparing to leave foster care at ...

ITAT Mumbai held that the long term capital gains declared by assessee cannot be considered to be bogus since AO didn’t established assessee’s involvement in price rigging. Accordingly, addition not ...

Even if the Online Harms Act manages to somehow make it through a months-long impasse at the House of Commons and become law ...

ACT Starter 50 Mbps Speed for Rs.549 in Chennai ...

Yet another step in the court case of Adnan Syed, a man whose conviction for killing his ex-girlfriend Hae Min Lee in 1999, ...

The Federal Reserve did what many thought it couldn’t achieve in 2024, and yet in one respect it still ended the year the way it started — worried about stubborn price pressures.

WASHINGTON — President Joe Biden announced on Monday that he is commuting the sentences of 37 of the 40 people on federal ...

The bill, which heads to President Biden’s desk, repeals provisions that reduce benefits for thousands of public services ...

Back in 2012, Warren Buffett told CNBC that if there was a way to buy thousands of single-family homes at once, and to manage ...