Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

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 ...

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 ...