Experts caution taxpayers to reconcile GST and income tax information to avoid queries and higher compliance costs.

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

Proposed IRC Sec 899 in the House-passed One Big Beautiful Bill Act, would impose escalating tax penalties on foreigners from ...

Before how to file Income Tax Return 2025 without Form 16, let us know what Form 16 is. It is a TDS certificate given by the ...

Brex breaks down how businesses with diligent invoice verification experience clearer financial visibility, more trusting ...

ISLAMABAD: The government is likely to make Tax Laws (Amendment) Bill, 2024 part of the next Finance Bill (2025-26) to impose restriction on economic transactions of non-filers, it is learnt.

Their only job is to issue fake bills so companies can show higher expenses, reduce taxable income, and wrongly claim GST input tax credit (ITC). Earlier, some of these tax returns were accepted ...

The Senate is set to prioritise the consideration and passage of President Bola Tinubu’s tax reform bills upon resumption from its recess on April 29. The four bills, Nigerian Tax Bill ...

The House of Representatives on Tuesday passed the four tax reform bills transmitted to the National Assembly in October 2024 by President Bola Tinubu. Recall that the House had on Thursday last ...

The Select Committee of the Lok Sabha headed by Bharatiya Janata Party (BJP) MP Baijayant Panda on the Income-Tax Bill 2025 met at the Parliament House Annexe in the national capital on Wednesday.

TRACK SENATE BILL 3095 PASSED MONDAY WITH A 34 TO 15 VOTE. THE BILL WILL REDUCE INCOME TAX FROM 4.4% TO 2.99% AND THE SALES TAX ON GROCERIES FROM 7 % TO 5%. TO HELP FUND INFRASTRUCTURE PROJECTS ACROSS ...

Republican Senators have introduced bills to not only kill the $7,500 tax credit for electric vehicles but also add a $1,000 tax at the purchase of new EVs. President Trump campaigned on killing ...