“So, what we are saying to people is, our companies, you can now begin to put your documents, et cetera, in order. In ...

The CBDT circular, dated February 20, 2025, will apply to tax returns for the financial year 2024-25 (assessment year 2025-26). The CBDT said: “The Form No. 16 has been amended vide the Income ...

Elon Musk has been vocal about the tax code's flaws. He believes there shouldn't be any tax incentives and also raised ...

The 16th Amendment to the Constitution was ratified in 1913, which gave Congress the authority to tax all incomes. The first ...

noted that the Tax Laws (Amend­ment) Act 2024 had eliminated one level of appeal previously available un­­d­er the Income Tax Ordi­n­ance. The judge noted this amendment would subst ...

This massive proposed amendment would lower the maximum rate of income tax, increase income tax deductions for citizens ...

State Sen. Ben Brown, R-Washington, the majority caucus chair, is sponsoring a constitutional amendment that would eliminate the state's income tax. Senate Joint Resolution 31 caps state spending ...