The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...
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 ...
Delays in tax refunds are avoidable with proper documentation and timely compliance. Many taxpayers have taken to social media to express frustration over delayed income tax refunds. Despite the ...
Distributions from retirement savings accounts and Social Security income are taxed differently in most states. Even in states that do tax retirement income, it’s possible that senior residents will ...
Figures released on Thursday by the Parliamentary Budget Office forecasts a 90 per cent rise in personal income tax collection to $682bn over the next 10 years, compared with $357.8bn paid today. This ...
Income Tax: Today is the last date to file an income tax return (ITR) for the assessment year 2025-26 after the Central Board of Direct Taxes (CBDT) extended the last date by one day. So far, over ...
Amid a record surge in Income Tax Return (ITR) filings, the government extended the deadline for Assessment Year 2025-26 by a day, pushing it to September 16, 2025, as taxpayers reported portal access ...
ITR filing FY 2024-25: In a welcome move for taxpayers, the Income Tax Department has further extended the deadline for filing Income Tax Returns (ITR) for the Assessment Year 2025-26. Originally due ...
Earlier on Sunday, the Income Tax Department had dismissed claims about extending the deadline for filing Income Tax Returns beyond September 15. The Central Board of Direct Taxes on Monday announced ...
The Income Tax Department has extended by a day the deadline to file income tax returns for Assessment Year 2025-26 after taxpayers complained of glitches on the income tax portal. The original ITR ...
According to tax and investment experts, a stock market investor's income from dividends, bonus shares, and share buybacks is subject to income tax, and hence, one must report this income while filing ...
With just a day left to file Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26, the Income Tax Department has announced that over 6 crore returns have been submitted so far. On the social ...