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 ...

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

ITAT Delhi held that denial of exemption u/s. 11 of the Income Tax Act by invoking provisions of section 13 (1) (c) without any material brought on record to substantiate that salary paid to members ...

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 ...

Corporate bonds typically offer lower risk and higher income than shares. We explain how to invest in bond funds, or lend ...

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 ...

Understanding "Combined Income" is key to knowing if your Social Security benefits are taxable. Learn how it’s calculated, ...

You may have gotten a surprise IRS tax bill that left you wondering what happened. Here are six reasons you might have owed more taxes and what to do about it.