What You Need to Know A significant change has been introduced in the income tax regulations. This amendment pertains to ...

A reader questions the Editorial Board for expressing the view that in some ways, a personal income tax would be fairer to ...

The Income Tax Department has introduced a crucial amendment under Section 143(1) of the Income Tax Act, 1961. This change, proposed during the passage of the Finance Bill 2025 by Finance Minister ...

Changes in overall economic conditions may affect real household income levels and also how income is distributed across ...

To be clear, my efforts to eliminate the personal income tax, House Bill 275 ... Michelle Lujan Grisham’s administration, the size of New Mexico’s state government has doubled.

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 new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, a top official said.

Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal or ITAT delivering a verdict in his favour.

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax ...

Tax officers can access your emails and social media, etc. from next year The new bill allows overriding passwords and security codes Experts are concerned about misuse of power and privacy invasion ...

New provisions in the proposed Income Tax Bill, set to take effect next year, will empower tax officials to break into computer systems and digital devices to probe undisclosed income, money ...

The taxpayer filed ITR-3 for AY 2024-25 (FY 2023-24) on July 27, 2024 under the new tax regime. She declared her total taxable income to be Rs 5,40,670 which included Rs 1,09,842 short term capital ...