The automated tracking systems flagged this as a critical cross-border omission under the Black Money Act, which mandates ...

Income-tax Act, 2025 revises the TRACES TDS Justification Report password format with new form numbering and structure from 1 April ...

ITAT Mumbai allowed full Section 54 deduction, holding that exemption cannot be denied merely because the new house was ...

The Finance Ministry has told Parliament that the Income Tax Department has strengthened the e-filing portal to handle peak traffic during the return filing season, with infrastructure capable of ...

While Social Security benefits are taxed for individuals who meet certain income thresholds, various bills have attempted to lower or eliminate that burden: In Sep. 2025, Senator Ruben Gallego, a ...

Gov. Kathy Hochul and Mayor Zohran Mamdani have reached a deal that will add a new tax on luxury second homes in New York City in an effort to reduce part of the city's budget gap. The tax would apply ...