Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to ...

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

Democrats assailed the recommendations as not providing enough relief to Hoosier taxpayers, and for giving "handouts" to ...

There are limits on depositing money into savings accounts. The Income Tax Department has issued some important rules.

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

The Income Tax department conducted raids at the Kochi offices of Parava Films and Dream Big Distributors, production ...

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

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

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