The more state government funds itself off of sales taxes — rather than income taxes — the more regressive it becomes.

KSCAA has reported that the tax department has been erroneously processing many income tax returns (ITRs) and even imposing ...

The Central Board of Direct Taxes (CBDT) has advised all taxpayers to carefully review their foreign income and assets and ...

The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...

The Lake Placid Village Board of Trustees passed a local law providing a property tax exemption for low-income residents with disabilities at a meeting Monday. This followed a public hearing which no ...

The Washington, D.C.-based Tax Foundation has long functioned as an apologist for America’s deepest pockets. Analysts at the ...

Resident analyst dissects effects of state’s tax structure, federal tax cuts, COVID, investment income and remote work on ...

A Cary businessman has been given a three-year prison sentence for tax evasion, with additional supervised release and ...

He used his untaxed gains to fund his personal lifestyle, which included buying high-end vehicles and a $1 million home, DOJ ...

As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...

Income Tax Department raids Soubin Shahir's Parava Films over alleged tax evasion and financial irregularities following a ...