On Thursday, March 27, Mississippi Republican Gov. Tate Reeves signed House Bill 1, an income tax elimination bill that will increase the rate of income tax elimination. The process could take ...

This form is also for people who are not eligible to file their Income Tax returns under ITR-1, ITR-2 and ITR-4. The latter pertains mainly to presumptive taxation under sections 44AD and 44ADA ...

both Income Tax Inspectors, Quamar Aulam Khan, a Senior Tax Assistant at the office of Income Tax Appellate Tribunal (ITAT), Manish Sikrawal, a Senior Tax Assistant at the Aayakar Bhawan office in ...

Gov. Tate Reeves (R-MS) signed legislation Thursday eliminating the state’s income tax. “Today is a day that will be remembered not just for the headlines, not just for the politics ...

Learn about the ITR-B Form for undisclosed income after search or seizure. Get to know the purpose, applicability, and filing ...

Mississippi Governor Tate Reeves signed the "Build Up Mississippi Act" into law, marking the largest tax cut in state history. The bill includes a phased elimination of the state income tax ...

Monday, March 31, is a national holiday on account of Eid, but for those who have to correct errors/omissions in the Income Tax Return filed for Assessment Year 2022-23 (Fiscal Year 2021-22), it ...

Indiana’s individual income tax rate will already decrease over the next five years until it reaches 2.9% in 2027. Senate Enrolled Act 451 would lower it further starting in 2030. A family ...

With the financial year nearing its end, Indian taxpayers are seeking good investments that not only give returns but also enjoy reasonable tax exemptions. Here are five primary income tax-saving ...

The Income Tax Department has issued notices to Taxpayers who have been paying a rent of ₹50,000 or more per month and not deducted Tax Deducted at Source (TDS) while remitting the amount to ...

If you also intend to file your tax return under the old regime, it is vital to make note of following points. “Taxpayers who want to opt for old tax regime in Financial Year 2024-25, 31st March ...

With the start of the new financial year, many income tax changes will take effect; it will bring new income tax rules, including new income tax slabs (under the new tax regime), announced in the ...