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2 mins read

Sitharaman urges tax officials to prevent doubts from escalating into grievances

Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect…

ANI   


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2 mins read

New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know

The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…

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1 min read

ED conducts raids in Gujarat in GST fraud case

The Enforcement Directorate conducted multi-city searches in Gujarat related to a money laundering …

PTI   


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1 min read

Elon Musk's DOGE isn't an official department. It has a government checkmark on X.

Gray checkmarks are usually reserved for official government accounts. The Department of Government…

Tom Carter   


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2 mins read

CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated

Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…

PTI   


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2 mins read

Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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5 mins read

Budget 2024: How will long-term capital tax change your real-estate investments post-budget?

There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…

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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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2 mins read

Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG

The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…

PTI   


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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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2 mins read

The IRS's free tax filing system is officially open. Here's everything you need to know.

The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…

Allie Kelly   


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5 mins read

The stock market has officially enjoyed a bull rally for over two years. So now what?

Experts don't see the stock market's bull rally slowing down anytime soon.

Dan DeFrancesco   


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3 mins read

Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams

There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…

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2 mins read

Filing your ITR at the last minute? Don't make these mistakes

As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…

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3 mins read

Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.

Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…

Allie Kelly,Ayelet Sheffey   


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4 mins read

Union Budget 2024-25 key highlights: Angel tax to be scraped

You can watch the presentation live on the official Youtube channels of the government. After her s…