The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...

Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...

In the latest income tax bill, a significant change has been made regarding deductions under section 80C of the Income-Tax Act, 1961. These deductions have been shifted to a new section, namely ...

Whether that sum is required or not, this RRSP season (late February) is a good time for basic training on last-minute ...

A company can claim a deduction for dividends received from domestic or foreign companies, or from business trusts, when ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

Tax expert Turon Kendrick shares essential advice, emphasizing the importance of early but complete filing, ensuring all tax ...

IRS Tax Attorney Steven A. Leahy of the Law Office of Steven A. Leahy, PC with Opem Tax Advocates joins the program to remind the dos ...

If you’re like many workers in the U.S., you may have been saving money in a health savings account (HSA) for years, which ...

Taxpayers Urged to Remain Vigilant Against Tax Fraud, Identity Theft, and Unscrupulous Preparers IRVINE, CA / / February 14, 2025 ...

The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS workers during tax season.