With only a day left to file income tax returns, many taxpayers are rushing to submit their ITR at the last minute before the deadline. Some may still have important questions about the process, the ...

As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches on September 15, a significant number of taxpayers have already filed returns. According to the Income Tax ...

In-depth analysis of Section 195 TDS on payments to non-residents, covering taxability, DTAA interaction, PAN rules (206AA), Form 15CA/15CB compliance, and risk mitigation ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

The income tax return (ITR) filing has started for the financial year 2024-25 (assessment year 2025-26). The income tax department has notified all seven income tax return forms for the assessment ...

For UAE NRIs, this could be a turning point. Instead of compromising between low returns and complex remittance processes, ...

His Majesty's Revenue and Customs (HMRC) is encouraging the public to meet a key deadline in under a month. The tax office stressed the importance of registering for a Self Assessment return by ...

Since April 2020, Indian taxpayers have two options: the old regime with higher tax slabs but exemptions and deductions like HRA, LTA, and Section 80C, and the new regime with lower rates but no major ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

U.S. President Donald Trump is set to sign a proclamation Friday that would make H-1B visas contingent on a $100K payment, according to a media report. The move will mark Trump's latest move to crack ...

The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...