Finance Minister Nirmala Sitharaman on Wednesday announced sweeping Goods and Services Tax (GST) rate cuts effective September 22. The GST revamp brings a majority of items in the 5% and 18% slabs, ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

Two of the most common tax forms for individuals will see changes in 2026 to accommodate new provisions like no tax on tips ...

Here's how you can claim contractors claim the 45L energy efficient home credit using Form 8908 for ENERGY STAR and ZERH ...

When filing your Income Tax Return (ITR), one of the most common questions taxpayers have is: Which form should I use, and how can I maximize my tax savings? If you have income from house property, ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the ...

Here's how to complete Form 8832 so you can tell the IRS how to classify your business for tax purposes. Many, or all, of the products featured on this page are from our advertising partners who ...

ISLAMABAD: The Federal Board of Revenue (FBR) has released a simplified electronic income tax return form for individual taxpayers for the tax year 2025. The final form was notified through SRO1561 of ...

The Income Tax Return - Updated (ITR-U) is a new form introduced by the Income Tax Department under Section 139(8A) of the Income Tax Act. It was launched via the Finance Act 2022 and later updated in ...

An exposure draft addresses potential threats to independence when members perform tax advisory and tax planning services.

Income tax filing: Here are the top 10 things taxpayers with demat accounts must keep in mind while filing their ITR this year. (Representative Photo ) Income tax filing 2025: Demat account holders, ...