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

The Inland Revenue Department (IRD) has extended the deadline for filing Income Tax Returns for the Year of Assessment ...

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

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

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

The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...

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

Resident analyst dissects effects of state’s tax structure, federal tax cuts, COVID, investment income and remote work on ...

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 ...

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