India’s corporate sector remains hopeful that the government will revive the growth trajectory and continue the momentum, ...

If I file my tax return and pay the bill and it later turns out that the calculations or my tax code weren't correct, can I ...

The government of India has been actively pushing for reforms to modernize the tax regime and the ecosystem. After the rationalisation of the capital gains tax regime in Budget 2024, there are strong ...

As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...

Comptroller Brooke E. Lierman announces the 2025 Tax Filing Season in Maryland, with a focus on modernizing tax collection and making it easier for Marylanders to claim the Earned Income Tax Credit ...

The Income Tax Act in India is fairly complicated and the Indian government has reportedly been working towards introducing a new tax system which is more user friendly and understandable.

The direct tax code (DTC) aims to simplify India’s intricate tax system, making it more accessible and easier to follow.

Will Finance Minister Nirmala Sitharaman replace the current Income Tax Act with a Direct Tax Code? As the country prepares ...

Will Finance Minister Nirmala Sitharaman replace the present Income Tax Act with the Direct Tax Code? As the country is ...

The Income Tax Department has reportedly received more than 6,500 suggestions for simplifying the Income Tax Act.

The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is ...

The Direct Tax Code 2025 is a highly anticipated reform in India's tax system, promising a more streamlined, transparent, and ...