Telangana High Court directed payment of interest @ 6% for non-payment of principal amount as directed by the Court for price adjustment towards Labour and other material. Notably, interest is payable ...

On Thursday, March 27, Mississippi Republican Gov. Tate Reeves signed House Bill 1, an income tax elimination bill that will increase the rate of income tax elimination. The process could take ...

With the financial year 2024-25 about to end, the filing of income tax returns (ITRs) for the Assessment Year 2025-26 will start from April 1. Like previous years, taxpayers can file their tax ...

Monday, March 31, is a national holiday on account of Eid, but for those who have to correct errors/omissions in the Income Tax Return filed for Assessment Year 2022-23 (Fiscal Year 2021-22), it ...

The Income Tax Department has issued notices to Taxpayers who have been paying a rent of ₹50,000 or more per month and not deducted Tax Deducted at Source (TDS) while remitting the amount to ...

Gov. Tate Reeves (R-MS) signed legislation Thursday eliminating the state’s income tax. “Today is a day that will be remembered not just for the headlines, not just for the politics ...

both Income Tax Inspectors, Quamar Aulam Khan, a Senior Tax Assistant at the office of Income Tax Appellate Tribunal (ITAT), Manish Sikrawal, a Senior Tax Assistant at the Aayakar Bhawan office in ...

With the financial year nearing its end, Indian taxpayers are seeking good investments that not only give returns but also enjoy reasonable tax exemptions. Here are five primary income tax-saving ...

Mississippi Governor Tate Reeves signed the "Build Up Mississippi Act" into law, marking the largest tax cut in state history. The bill includes a phased elimination of the state income tax ...

The freeze on income tax thresholds has created a huge stealth tax raid in recent years. While it boosts the Treasury’s coffers, it means more people than ever are being dragged into higher tax ...

“Income Tax Law did not give legal backing to check digital assets, so have included it. Added checking of digital elements in the Income Tax Act, Law should give legal backing,” said FM ...