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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…
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…
RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity
Retailing in India accounts for about 10% of the country's GDP. In its memorandum, the retail assoc…
PTI
IT department declares 363 as cost inflation index for current fiscal
The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…
PTI
Revamped income tax portal: Five new features we like the most
The new and revamped income tax portal is here and a visit shows a completely new look design which…
The questionable way lawmakers get taxpayers to fund borderline-political ads
Rep. Shri Thanedar has spent at least $45,460 in taxpayer dollars on billboards in the Detroit area…
Bryan Metzger
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
A Russian oligarch's megayacht seized by the US is costing taxpayers a fortune, and the government is desperate to sell
US officials say the $300-million Amadea is owned by Suleiman Kerimov, a sanctioned Russian billion…
Pete Syme
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
Republicans' plan to fund Israel by cutting IRS spending would cost taxpayers billions and add to the national deficit
Cutting IRS funding would mean millionaires and large companies get away with not paying their fair…
Ayelet Sheffey,Juliana Kaplan
Bill to amend Central Goods and Services Tax Act introduced in Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act …
ANI
At least 24 House members have spent taxpayer money on their Twitter accounts — and they're overwhelmingly Republicans
GOP Rep. Lauren Boebert and Democratic Rep. Maxwell Frost are among the lawmakers whose offices rep…
Bryan Metzger,Brent D. Griffi…
Presumptive taxation: The scheme that eases burden on small businesses
Running a small business or a professional service can often involve a single person or a few peopl…
New tax regime may not be necessarily beneficial for all taxpayers: Experts
The new tax regime (NTR) will now be considered as a default regime, but it may not necessarily be …
Trump charged US taxpayers $40,000 for Secret Service to use a room at Mar-a-Lago in the months since he left office: WaPo
Trump moved to his Bedminster, New Jersey resort earlier this month and it's unclear whether he's c…
Eliza Relman
Trump's Mar-a-Lago charged Secret Service almost $16,000 for $396 hotel rooms during presidential Christmas trip
As president, Trump spent 142 days at his gilded Florida property, which he dubbed the "Winter Whit…
Eliza Relman
Top Trump official Seema Verma 'abused' government rules by spending $3.5 million in taxpayer money to boost her own profile, according to a congressional investigation
Verma hired a team of pricey consultants to boost her profile, rather than relying on hundreds of g…
Eliza Relman
How to download the new Annual Information Statement
The new AIS includes additional information related to dividend, interest, mutual fund transacti…
The Trump Organization charged taxpayers for undisclosed stays and luxury-car rentals at his foreign golf resorts
The receipts provide further evidence of how President Donald Trump's family profited from his time…