The latest update from CBDT allows taxpayers with long-term capital gains of up to Rs 1.25 lk to file using simple forms like ...

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...

WASHINGTON—Trump administration officials are exploring ways of challenging the tax-exempt status of nonprofits, according to ...

There are a number of income tax ... forms submitted by taxpayers to the bank requesting not to deduct TDS on interest income because their annual income falls below the basic exemption limit.

Also read: Tax filing gets easier: New Form 16 format may change how you file ITR, claim refund Q. Why is there a delay in notifying ITR forms and releasing utilities this year? Ans: The delay in ...

The IRS offers the amended tax return process to ensure accurate federal tax records for individuals or entities. Even for ...

During his first 100 days back in the Oval Office, President Donald Trump's administration has repeatedly reversed tariff plans, Fox Digital found.

While the form used to contain only basic information, the updated version will now include specific details about tax-exempt salary components, tax-free allowances, and benefits that have been taxed.

“Submission of Form 15H is not regime based, or basic exemption limit based ... Also, in case there is a change in the net tax liability during the year then the payer should be suitably intimated, ...

Bexar County homeowners have two weeks left to challenge the appraised value of their property and potentially reduce their ...

Some tariff relief is on the way for US automakers, meanwhile, after Trump this week signed an order offering exemptions to certain ... companies still face some form of tariff.

There is a major change in the ITR forms this year. Earlier ... for reporting the income in the nature of long-term capital gains on which tax is not payable due to the exemption provided in Section ...