India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...

IRS will begin accepting returns from the roughly 164 million Americans expected to file this year. Here's what Illinois ...

At least $1,000 will be deposited by the federal government into the new child investment accounts. Here's how to sign up.

India is progressing towards fully automated Income Tax Return filing. Significant steps have already been taken to simplify the process. Further enhancements are needed in data reporting and tax laws ...

Union Finance Minister Nirmala Sitharaman will present Budget 2026-27 on Sunday, February 1, 2026, at 11 AM. Key expectations ...

New York State expands child tax credit, making it the largest increase in the credit's history. Here's what to know.

Higher LTCG exemption, ₹1 lakh standard deduction, slab rationalisation, 80D inclusion under new tax regime and housing affordability are the major expectations in Union Budget 2026.

The issue was whether personal capital could be compared with partnership capital to infer unexplained credits. The Tribunal held the comparison flawed and upheld deletion of the Section 68 ...

The case examined whether the Assessing Officer could reject a DCF valuation. The Tribunal held that commercial valuation choices, if legally prescribed and supported, cannot be ...

Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on ...

Source Capital (the "Fund") announced today the U.S. federal income tax treatment of its 2025 dividends and a $2.50739554 deemed distribution to shareholders of record as of December 31, 2025. Federal ...

You can elect to open Trump accounts for children via Form 4547 when filing tax returns this season. Here are the key things ...