The new legislation reorganizes provisions related to return processing, scrutiny assessments, and reassessment of escaped income. It simplifies drafting while largely retaining the existing ...

The proposed amendments rationalise tax provisions, simplify reporting rules, and introduce clearer deductions and exemptions. The reforms aim to improve voluntary compliance and reduce tax ...

Overview Meesho share price dropped about 10% to Rs. 143.34 after the company disclosed a Rs. 1,499.73 crore tax demand for the assessment year 2023-24.The stoc ...

Meesho said it does not agree with the observations and adjustments made in the order and is currently reviewing the ...

Many people living in rented houses focus mainly on paying monthly rent on time, but very few are aware that income tax rules ...

The Supreme Court has struck down Trump’s authority to impose tariffs on other countries through the International Emergency Economic Powers Act (IEEPA). But it’s not the only tool at the president’s ...

PROTECTING THE U.S. ECONOMY AND NATIONAL INTERESTS: Today, President Donald J. Trump signed a Proclamation imposing a temporary import duty to address fundamental international payments problems and ...

The Social Security Fairness Act signed at the beginning of 2025 is now unfair, at least when it comes to taxes, according to some representatives in Congress. Those income spikes last year likely ...

A major labor union is working to put a new wealth tax proposal in front of Californians in November. But the proposal would only actually impact a small few — billionaires. The California Billionaire ...