As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program.

Under the Old Tax Regime for AY 2024-25, senior citizens have an exemption limit of Rs 3 lakh, while super senior citizens do ...

Republicans swept to power on Election Day and now control the House, the Senate and the White House, with plans for an ...

Charitable giving, Form 1099-K reporting, SCOTUS agrees to hear a tax-related case, filing deadlines, industry updates, and ...

Under Section 54 of the Income Tax Act, 1961, you can claim an exemption from capital gains tax on the sale of a long-term ...

Former “Harry Potter” film actor Rupert Grint faces a 1.8 million-pound ($2.3 million) bill after he lost a legal battle with ...

But less than 2 minutes can save you more than $600/year 5 minutes could get you up to $2M in life insurance coverage — with ...

Tax authorities have extended the income tax return filing deadline by another 15 days to December 15 for the financial year 2023-24. The due date for furnishing the return of income under section 139 ...

1. (1) These rules may be called the Income-tax (Tenth Amendment) Rules, 2024. (2) Save as otherwise provided in these rules, they shall deemed to have come into force on the 1 st day of April, 2024.

Judge rules Inland Revenue was right to levy a charge on Harry Potter actor’s share of anticipated future earnings from TV ...

Trump’s first term became defined by those tax cuts, which were approved by Republicans in Congress and signed into law only ...

They kick in 40.4% of income taxes, nearly double their income share.