Overview of new tax regime provisions under Section 202 of the Income-tax Act 2025, including tax rates, deductions allowed or disallowed, and option ...
The IRS mandates a final tax return for the deceased, detailing income up to death.
From rules on TDS and TCS to pension reforms, ITR deadline extension for certain categories and new tax exemptions, one must be aware of these key changes from April 1.
Consumer expert Rebecca Wilcox has explained how those earning over £35,000 can avoid having to repay double through their ...
A BBC expert has said millions of people may want to take action on or after April 1 - or face paying ‘double’ back to HMRC. Consumer expert Rebecca Wilcox explained to BBC Morning Live viewers that ...
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The new $6,000 deduction might be a senior tax break lie
A big, shiny number landed in the headlines last year and millions of older Americans took notice. A new $6,000 senior bonus deduction, created under the July 2025 tax package often referred to as the ...
The United States is in the thick of tax season, and those who have filed their taxes already might have found that their tax returns are significantly larger this year than they were last year, and ...
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How seniors can claim up to $23,000 in deductions this year
With the new 'senior bonus,' taxpayers 65+ can now stack deductions. Learn how to combine the standard, additional, and bonus ...
The Income-tax Act, 1961 will be replaced by the Income-tax Act, 2025 (ITA 2025) on April 1st, 2026. The following are some of the significant changes that will take effect on April 1, 2026: ...
A BBC expert has warned that from April, millions of households are being contacted by HMRC and told they may need to repay their Winter Fuel Payment. The government support payment is designed to ...
HMRC is contacting state pensioners from April who may need to repay Winter Fuel Payments if they earned over threshold ...
According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and ...
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