Oman is making history in the Gulf region by becoming the first country to introduce a personal income tax, starting in 2028.

Oman is set to introduce a personal income tax by 2028 as part of its efforts to diversify its economy away from hydrocarbons ...

Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on ...

The Sultanate of Oman is moving forward with plans to implement a personal income tax by the year 2028, marking a significant ...

Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...

If my mother sells or gifts me her $800,000 personal residence to me, my understanding is that I also get her adjusted cost basis. If she holds a note for 100% of the purchase price and then gifts ...

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According to the Central Board of Direct Taxes (CBDT), an individual is treated as an NRI if they do not meet the conditions specified for residency under Section 6 of the Income Tax Act, 1961, under ...

Personal income tax in India has always followed a progressive slab system with various deductions and exemptions. Until February 2020, there was only one tax regime – Old Tax Regime – in the ...

ITR Filing FY 2024-25: The Income Tax Department has enabled online ITR filing for FY 2024-25 (AY 2025-26) via incometax.gov.in, initially supporting ITR-1 and ITR-4 forms. These forms are for ...

In an important relief for taxpayers and tax professionals, the last date to file income tax returns for AY 2025–26 has been extended from July 31 to September 15, 2025.

The Income Tax Department has launched the online utility for filing income tax returns for FY 2024-25 (AY 2025-26). Currently, only ITR-1 and ITR-4 forms are available for online filing. The article ...