Notable updates include simplified reporting for small capital gains, relaxed asset disclosure requirements, and detailed ...

The income tax department has notified the ITR forms for the FY 2024-25 (AY 2025-26). The utilities to file the tax return ...

From higher thresholds for asset disclosure to updated capital gains reporting, changes have been brought about to provide ...

The House Ways and Means Committee held a hearing to mark up the "one, big beautiful bill" extending expiring provisions of ...

While the structure of the forms largely remains unchanged, the updated forms reflect key changes introduced in the Finance ...

The far-reaching tax reconciliation bill from Republicans on the House Ways and Means Committee would add significant new ...

The NC Department of Revenue said the agency’s printing partner unexpectedly ceased operations. Here’s how this impacts your ...

Four Senate Republicans are seeking answers about a Biden-era Internal Revenue Service (IRS) compliance unit, citing concerns ...

Taxpayers tend to make common mistakes, like selecting the wrong tax regime or missing out on corporate NPS benefits. DIY tax ...

The CBDT has notified all seven Income Tax Return (ITR) forms for AY 2025-26, incorporating new capital gains rules. This ...

Although retirement policy is mostly untouched, the bill would repeal section 103(e) of the SECURE 2.0 Act of 2022, that ...