Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

These bunch of six appeals are filed by the Revenue as against the different appellate orders passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, (in short ...

The Ministry of Road Transport and Highways proposes doubling the motor vehicle tax rebate for scrapping older vehicles.

New Delhi: With an aim to get rid of high-polluting vehicles, the transport ministry has proposed to double the rebate up to ...

The purchase of immovable property is not just a strategic investment but also a transaction laden with tax implications under various provisions of the Income Tax Act, 1961. Beyond the cost of ...

If any liability towards unpaid expenditure is incurred by a person in a year and paid by such person in any subsequent year, ...

The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for outdated provisions and more.

Tax season is here, and for many, that means deciding whether to go it alone with software or enlist the help of a professional. Choosing the right tax preparer can be crucial, especially if you ...

Under the Tamil Nadu Tax on Consumption or Sale of Electricity Act, 2003, the electricity tax is charged on consumption or sale of electricity in the state of Tamil Nadu. The tax is levied on the last ...

The Bureau of Internal Revenue (BIR) has released updated guidelines for taxpayer registration renewals, detailing processes, ...

You can follow the instructions on Form 7206 to calculate your deduction or consult a tax professional. Self-employed workers can save for retirement in accounts similar to those used by employees ...