News

The Income Tax Department has now announced the launch of a Digital Form 16 to make it easier for taxpayers to file their returns. According to the Income Tax Department, Form 16 or Form 16A is ...
every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and perquisites. The changes effected in the Form 16 format will ...
Salaried individuals who file income tax returns annually should take note of key changes introduced by the Income Tax Department in the format of Form 16—the document that outlines salary, tax ...
the Income Tax Department has announced the launch of Digital Form 16, an electronic version of the traditional Form 16. This initiative aligns with the broader digital transformation efforts ...
There’s an extra reason to keep your expression of wish forms up to date — that is the decision to include unused defined contribution pensions in your estate for inheritance tax purposes from April ...
and tax writer. IRS Form 941, also known as the Employer’s Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security taxes, and Medicare taxes ...
One popular investor and entrepreneur has aired his grievances with the proposed tax plan in President Donald Trump’s "big, beautiful bill." "This is anti-American. It's against small business.
Trump wants Congress to raise the tax on individuals with incomes of $2.5 million or more and on married couples with incomes above $5 million. The current marginal income tax rate on those ...
"In the coming weeks and months, we will pass the largest tax cuts in American history, and that will include no tax on tips, no tax on Social Security, no tax on overtime," Trump told a crowd in ...
Lately, a number of tax payers have received tax notices from the income tax department for their HRA (house rent allowance) claim. Primarily, these tax notices were sent for not deducting 2 ...
Stephanie Barnard from advancing to the Senate floor for a vote. Barnard’s bill to fix the state’s Targeted Urban Area tax credits is a top legislative priority for the Tri-Cities and was ...