There are limits on depositing money into savings accounts. The Income Tax Department has issued some important rules.

Use this trick for figuring out what a year-end charitable contribution or retirement play will do to your 2024 taxes.

KSCAA has reported that the tax department has been erroneously processing many income tax returns (ITRs) and even imposing ...

The Washington, D.C.-based Tax Foundation has long functioned as an apologist for America’s deepest pockets. Analysts at the ...

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

Democrats assailed the recommendations as not providing enough relief to Hoosier taxpayers, and for giving "handouts" to ...

The Union Cabinet approved the PAN 2.0 Project on Monday to make PAN the “single source of truth and data consistency”. With ...

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

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

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