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3 mins read

Five things to remember as you file your ITRs at the last minute

ITR-1 form is designed for resident individuals who have income from salary, one house property, an…

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3 mins read

GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow

The Council is likely to be apprised about the ongoing drive against fake registration, the success…

PTI   


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4 mins read

Direct File is the most important tech product of 2024, helping you to finally file your taxes for free

Direct File will be the top tech product to compete against Apple and OpenAI. The tax filing servic…

Alistair Barr   


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2 mins read

You can now file your taxes directly to the IRS for free — if you live in 1 of these 12 states

The IRS has launched a free tool for taxpayers to file tax returns online, but there's a catch: you…

Dominick Reuter   


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3 mins read

Made a mistake while filing tax returns? Here’s how to file a revised ITR

The process of revising a tax return involves making necessary updates and corrections to a previou…

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1 min read

Zomato gets service tax demand and penalty order of ₹184 crore

Online food delivery platform Zomato said it has received a service tax demand and penalty order ag…

PTI   


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2 mins read

Received a tax mismatch notice from the IT department? Here is how to set it right

An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …

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5 mins read

How to file income tax return online for salaried employees 2022-2023

If you are new to filing income tax returns online, you must know that it is a very easy process. V…

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2 mins read

The IRS is rolling out a free tax filing pilot in 13 states. Here's where and who's eligible.

Taxpayers in 13 states may be able to try out the IRS's new free filing pilot in 2024.

Juliana Kaplan   


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3 mins read

IT department releases ITR 1 and ITR 4 offline forms ahead of time

The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…

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3 mins read

ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies

To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…

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2 mins read

The FTC is going to war with tax services that bill themselves as free

Following its Intuit ruling, the FTC set its sights on H&R Block, accusing the company of deceptiv…

Grace Eliza Goodwin   


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6 mins read

Missed filing your tax returns? Here’s what you pay in late fee & penalties

Throughout the month of July 2022, the Income Tax Department has been sending reminders urging t…

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3 mins read

Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means

The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…

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2 mins read

SpaceX files to relocate to Texas after Elon Musk's spat with Delaware over pay package

Elon Musk vowed to take Space X's business out of Delaware after a judge voided his pay package.

Lauren Steussy   


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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

Juliana Kaplan   


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2 mins read

3 ways you can avoid refund delays this tax season, according to the IRS

If you're due for a refund this year, be sure to file electronically: The IRS says it should come i…

Juliana Kaplan,Joseph Zeballo…   


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2 mins read

Joseph Zeballos-Roig,Juliana …   


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3 mins read

OPINION: These tech issues need clarity and amendments

India’s tax regime is being geared up to cover newer tech business models. However, …