Citizens who let tax preparers to list the preparers’ bank account and get their tax refunds lost their stimulus funds to the ...

What services does MCOP provide regarding free tax preparation? MCOP is providing free tax preparation for older adults who ...

The New Income Tax Bill 2025 proposes introducing the concept of a 'Tax Year' to simplify tax filing procedures, replacing ...

T Bill, likely to be tabled in Parliament on February 13, will have 536 sections and do away with ‘previous year’ concept ...

During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate ...

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have ...

The new bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax ...

The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...