In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect ...

"A Hindu Undivided Family is a popular mechanism for tax planning, offering benefits like slab rate taxation and additional ...

The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on ...

His remarkable achievement has filled the country with pride. However, a pressing question arises: how much of that prize ...

Rep. LaHood's new bill aims to replace U.S. citizenship-based taxation with residence-based taxation, easing burdens for ...

Under Section 10(17A) of the Income Tax Act, 1961, any payment, whether in cash or kind, made as an award or reward in the ...

A belated return is filed under Section 139(4) of the Income Tax Act if the original deadline is missed. Taxpayers filing ...

Expatriate advocacy groups are applauding legislation introduced this week that would implement a residence-based taxation system for U.S. citizens living overseas.

Now that the election frenzy is over, policymakers must decide the fate of the 2017 Tax Cuts and Jobs Act’s expiring ...

ITAT Mumbai held that validity of notice issued under section 148 of the Income Tax Act for AY 2015-16 is six year which expires on 31.03.2022. Accordingly, notice issued on 29.07.2022 u/s. 148 is ...

The old tax regime offers exemptions and deductions on various investments ... By strategically investing in these schemes, ...