Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax ...

The more state government funds itself off of sales taxes — rather than income taxes — the more regressive it becomes.

A Cary businessman has been given a three-year prison sentence for tax evasion, with additional supervised release and ...

A North Carolina man was sentenced to 37 months in federal prison for evading over $1 million in federal taxes, the Justice Department announced Tuesday.

Elon Musk and his non-Department of Government Efficiency are saying that they will cut government spending by $2 trillion to ...

The Central Board of Direct Taxes (CBDT) has stated that the existing PAN cards will continue to be valid unless updates or ...

TOPEKA – The State of Kansas ends November 2024 with total tax collections at $675.5 million. That is $25.4 million, or 3.6%, ...

He used his untaxed gains to fund his personal lifestyle, which included buying high-end vehicles and a $1 million home, DOJ ...

Hyderabad: The income-tax department has collected Rs 66,267 crore in taxes in Telangana and Andhra Pradesh as on December 2 ...

The Central Board of Direct Taxes (CBDT) has advised all taxpayers to carefully review their foreign income and assets and ...

As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...

Income Tax Department raids Soubin Shahir's Parava Films over alleged tax evasion and financial irregularities following a ...