With the Income Tax Department set to release updated ITR filing guidelines for 2025, salaried individuals must understand ...

The annual returns require details like duties paid on transport of the goods along with duties paid on electricity while ...

Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.

The new tax regime also offers a higher standard deduction. Last year, it was raised from Rs 50,000 to Rs 75,000 for salaried ...

Form 16 is a certificate that an employer gives to an employee, which shows how much salary he earned and how much tax they deducted from it on the employee’s behalf. It’s proof that your taxes have ...

A frequent misconception among business owners is that taxes are a once-a-year obligation. In reality, tax planning requires ...

According to the tax authority, this feature will let tax payers pay taxes without even logging in to the system. It will not ...

While the IRS had previously extended the deadline from April 15 to May 1, 2025, for many filings in response to the natural ...

Taxpayers will soon be able to file their income tax returns for the recently concluded financial year. The online portal is ...

Indian taxpayers will soon be able to file their returns for FY25 via the official Income Tax Department website.

IRS audits are increasing in 2025 as the future of the Direct File program remains uncertain. Here's how both changes will ...