Delhi High Court held that different floors of a singular house cannot be considered as multiple residential houses. Accordingly, deduction under section 54F of the Income Tax Act cannot be denied.

President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which Republicans ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The bill looks to slash taxes and increase spending on oil drilling, the military, and immigration, while also making cuts to ...

Trump's One Big Beautiful Bill, including a bigger child tax credit, is moving through Congress. See what may be in it for ...

The federal government is phasing out paper checks in favor of electronic payments. What does it mean for Social Security checks and tax refunds?

While Form 16 provides details of your salary, tax deductions, and exemptions, it’s not the only way to file your return.

U.S. residency is an important concept under both the income tax and transfer tax regimes. But the meaning of residency ...

The House plan would disproportionately benefit top earners and sacrifice significant federal revenue — without increasing ...

Reliance was placed on several judicial precedents to support the contention regarding the time limitation and the necessity for the escaped income to be ₹50 lakh or more for reopening beyond three ...

When trying to organize your finances or attempt retirement planning in general, you're likely going to be factoring in your ...

As of May 20, 2025, there is no update on the e-filing portal of the tax department, while forms from ITR-1 to ITR-7 have ...