The Tribunal found that the Assessing Officer failed to issue the fresh notice within the surviving limitation period recognized by the Supreme Court. The reassessment order was therefore ...

The MCA amended AS 22 to incorporate provisions related to OECD Pillar Two global minimum tax rules. The amendment exempts ...

Income Tax: The Union Budget 2026 introduces amendments to the Income Tax Act that simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers.

More than 1.9 million people are projected to forfeit all or a portion of their tax-free personal allowance during the ...

SBI Life Insurance Company Ltd said the Income Tax Department has reduced its FY22 tax demand to ₹470.88 crore from ₹5,317.18 ...

The average tax refund is 10.2% higher so far this season, compared to about the same period in 2025, according to early IRS ...

The big question is whether, in the pursuit of equality, governments are raising taxes on the rich so high that they are becoming counterproductive.

Enhanced premium subsidies for Affordable Care Act marketplace health insurance expired at the end of 2025. About 22 million people received those enhanced premium tax credits last year, more than 90% ...

Mayor Zohran Mamdani and city officials hold a press conference to provide weather updates at the Spring Street Salt Shed on February 21, 2026 in New York. Erik Pendzich/Shutterstock Mayor Zohran ...

NEW YORK (AP) — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as ...

Filed your 2025 income tax returns? Then you're likely looking for your tax refund. The IRS processed more than 20 million tax returns so far during the 2026 tax season according to the service's most ...