WHY TO INCLUDE COST ACCOUNTANT IN ACCOUNTANT DEFINITION OF THE INCOME TAX ACT/BILL . 1. Introduction. Before delving into the ...

ISLAMABAD: Justice Aminuddin Khan questioned whether the definition of “tax” in clause 63 of Section 2 of Income Tax ...

The Income-tax Bill 2025 grants tax officers power to access digital spaces, including social media and bank accounts, to combat tax evasion, with safeguards to protect privacy and ensure compliance w ...

News and in-depth features about tax, accounting, auditing, and other business topics. Published by the American Institute of ...

In the realm of taxation, income is classified into various categories, with one of the most significant being Income from ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

The Institute of Cost Accountants of India (ICMAI)-Hyderabad chapter has urged the Central government to include cost accountant in the definition of ‘accountant’ in the Income Tax Bill 2025 as they ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...

The taxpayers counsel argued that the levy is double taxation; therefore, it is unconstitutional, adding the constitution ...

The program freezes the amount low-income homeowners pay on their property taxes even if their assessments or tax rates ...

Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...