The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

Poorna Sundari, who lost her vision at five, defied all odds to achieve an All India Rank of 286 in the 2019 UPSC Civil Services Examinatio...

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...

A dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...

Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...

With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...

Amazon founder Jeff Bezos, also the world's fourth richest man, argued that low-income earners in the US should pay no taxes, citing a nurs...

The 2026 IRS tax refund season is underway, with millions awaiting their 2025 tax return payments. E-filed returns with direct deposit are ...

ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...

A new federal education tax credit is putting up to $1,700 back on the table for eligible Americans, and families across the U.S. are start...

Nearly 79 million Americans already filed federal tax returns this year. Yet millions may still qualify for hidden IRS COVID refund claims ...

Adani Ports and Special Economic Zone has appointed Niraj Bansal as its new CEO-Ports. This change will be effective from June 1. Pranav Ch...

Millions may miss money tied to the IRS COVID Refund Deadline 2026 Claim, set for July 10, 2026. This is not routine tax news. It stems fro...

Missing quarterly tax deadlines can cost you extra money in penalties and interest. People who earn on their own or expect to owe taxes mus...

Wall Street investors assume that selling a winning stock always triggers a tax bill. However, for those in the lower income brackets (up t...