Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

The CBDT invites stakeholders to provide input on the Income-tax Bill 2025, including simplification of rules and forms. Suggestions can be submitted online.

Taxpayers who have not filed 2024 income tax returns are told not to rush because they're worried about delays. Take time to ...

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 ...

The Central Board of Direct Taxes invites suggestions to simplify tax processes and reduce compliance burdens as the Income Tax Bill undergoes review.

Form 16 for FY 2024–2025 must be issued by June 15, 2025. If your employer withheld TDS between April 24 and March 25, you must submit Form 16 by June 15.

The new Bill, announced in the Budget and subsequently tabled in Parliament, is undergoing scrutiny by the select committee ...

You can use your Isa to provide your family with a source of tax-free money. The trick is to choose investments that pay out ...

Regarding the Income Tax Bill 2025, which was introduced in Parliament and is currently under examination by the Select Committee for detailed consideration, stakeholders are encouraged to continue ...

Tax Deduction at Source on Payments to Partners. I. Executive Summary. Section 194T of the Income Tax Act, 1961, effective fr ...

Tens of millions of Americans receive Social Security retirement benefits each month, but many recipients may not be aware of ...