Still, residents who qualified for those tax breaks would lose out. A qualifying senior who can't claim the extra $6,000 deduction on a tax return would lose $360 to $390, estimated Richard Pon, a San ...

PHDCCI Direct Taxes Committee Chair Mukul Bagla highlighted digitization efforts such as mandatory filing of Form 10DD for ...

Taxpayers struggling with long income tax refund delays may finally get some relief if the income tax department accepts this ...

The One Big Beautiful Bill introduced wide-ranging tax changes for seniors, service workers, car buyers and others.

India's Income Tax Act 2025, effective April 1, 2026, simplifies tax compliance, expands the tax base, and modernizes laws by ...

At the end of each year there are a number of things to consider that may have a positive impact on your tax obligation. Here ...

Many taxpayers still face long, confusing waits for refunds despite system upgrades. Deloitte’s Budget 2026 wishlist says ...

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on ...

The Supreme Court’s judgment highlights that strict compliance with the original Form 10-IC deadline is essential to avail Section 115BAA tax ...

Selling something that has shot up in value — think appreciated stocks, bitcoin bought for pennies, a rental building, or a ...

Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, ...