A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...
The income tax return (ITR) filing for non-audit taxpayers for the financial year 2024-25 (assessment year 2025-26) concluded on September 15, 2025 after an extension of 45 days. The cutoff date ...
The Income-Tax Department is cracking down on fraudulent tax exemption claims, estimated at ₹700 crore, leading to potential refund delays, especially for claims over Rs 10 lakh. Discrepancies include ...
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ITR Filing: After filing and submitting the income tax returns (ITR), many taxpayers wait for their income tax refunds, especially when they paid more income tax than required. Around 10 days have ...
In a statement, the Central Board of Direct Taxes (CBDT) said the income tax return filing portal is working smoothly and more than 7.57 crore ITRs have been filed till September 23, 2025. Till ...
Capital gains tax, which applies to many investment transactions, is an important component of the investment landscape, affecting millions of investors. From stocks and bonds to real estate and ...
The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates ...
The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...
Rachel Reeves has been urged by a thinktank to cut national insurance and increase income tax to create a "level playing field" and protect workers' pay. The Resolution Foundation said the chancellor ...