The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...

India will have two main GST rates of 5% and 18% from September 22, plus a 40% rate for luxury goods Tax cuts will cause a government revenue loss estimated at 480 billion rupees ($5.5 billion) GST on ...

RACHEL Reeves will hold her autumn Budget ultra-late as she grapples to find up to £50billion to fill a financial black hole. The Chancellor is expected to raise taxes and tighten spending across ...

Budget-wise, there are two kinds of states: those who have acknowledged the fiscal crater caused by the new Trump tax law and those that have not. Colorado joined the former camp this month, making ...

The Social Security Administration (SSA) has reinstated its policy of 100% recovery for overpayments, effective March 10, 2025. This change means that affected beneficiaries might see their entire ...

Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...

Resident taxpayers earning foreign income often face the issue of double taxation—being taxed in both the source country and the resident country. To address this, the Indian Income Tax Act allows ...

The IRS, which has lost about 25% of its workforce this year, is moving to fill some jobs by various means, including asking employees who accepted deferred resignations if they want to stay on the ...

Despite an expected decrease in sales tax revenue, Jefferson City officials are hopeful new housing and business developments will bring a boost to the local economy. Mayor Ron Fitzwater presented his ...