By Joshua Worlasi AMLANU &Ebenezer Chike Adjei NJOKUMore than GH¢22.6billion in tax revenue was lost by the state between April 2020 and August 2025 due to widespread under-declaration of imports and ...

Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...

In October 2025, investors from multiple SGB series are receiving redemption proceeds credited directly to their bank ...

The Karnataka High Court dismissed the Revenue's appeal, ruling that the definition of tax arrear under the Direct Tax Vivad Se Vishwas Act, 2020, explicitly covers interest charged under Sections ...

Your tax filing status—single, married, or head of household—can affect how much money your employer withholds from your ...

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday extended the deadline for filing the income tax returns for the 2025 tax year by 16 days. The notification stated that the income tax ...

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Chancellor Rachel Reeves should avoid "directionless tinkering and half-baked fixes" when trying to boost the government's tax take in next month's Budget, a leading think tank has said. Taxes are ...

Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...

Due to funding lapses, the IRS will begin an agency-wide furlough on October 8, though core operations related to filings and payments will remain active, according to a spokesperson. Now, only 39,870 ...

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Oct. 9 (UPI) --The Internal Revenue Service on Thursday unveiled its 2026 federal income tax brackets and deductions for the new tax year. The IRS raised its income threshold for each tax bracket for ...