Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...

A New Era for Taxation & Personal Finance in India As India eagerly awaits the announcement of Budget 2025 on February 1st, ...

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

Indian businesses and foreign investors hope that the Government will continue with this streak and focus on a simple, ...

Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about ...

A pilot program for the service successfully launched last year in 12 states. New Jersey did not participate because of a ...

In this write-up, we present our predictions for Budget 2025 — offering practical insights into what taxpayers can truly ...

With Budget 2025 just two days away, India's middle class eagerly awaits potential tax relief. Key expectations include revised income tax slabs, increased exemptions for home loans, insurance, and ...

The Union Budget 2025 will be the second full budget of Modi 3.0 and may bring a variety of changes such as income tax ...

A cheat sheet for new brackets, deductions and credits you need to know for filing 2024 taxes and for this year’s tax ...

That includes payments for clothing, concert tickets, collectibles and household items. For the 2025 season, the digital ...

The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position ...