Income Tax Return: Under the new tax regime, the effective threshold may start from Rs 3 lakh for some, but mandatory filing ...

inance Minister Nirmala Sitharaman used her Budget speech to overhaul how ordinary Indians file, disclose and pay taxes, ...

Budget 2026 overhauls India’s tax system by easing filing timelines, cutting overseas TCS rates, exempting key compensation income and opening a one-time foreign asset disclosure window ahead of the ...

The Court ruled that an assessee cannot invoke Section 139(8A) after initiation of assessment proceedings under Section 143(2). It affirmed the disallowance of deductions and held that appeal is the ...

Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...

India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, from April 1, 2026. This will replace the nearly six-decade-old Income Tax Act ...

For low- to moderate-income households in Allegan, Kent and Ottawa counties, free income tax assistance is available through ...

Get your W-2s ready. The IRS will begin accepting 2025 tax returns on Jan. 26, when the agency officially opens the 2026 tax filing season. “The Internal Revenue Service is ready to help taxpayers ...

The 2026 tax season is now open, but you will need your W-2 to start the process of filing your 2025 state and federal income tax returns. The Tax Foundation notes an alarming number of tax filers are ...

Tax season kicked off this week on Monday, and it is ticking all the boxes we expected, beginning with a little chaos. To start, we’re headed toward a shutdown this weekend. The government is ...

Tax season began Monday. Over the next three months, tens of millions of Americans will be filing returns for the 2025 tax year. Several key changes are taking effect this year, many of them due to ...

India’s new Income Tax law will simplify ITR filing from 2027 with pre-filled returns, crypto disclosure and changes to PAN rules.