Fino Payments Bank announced that the Reserve Bank of India has approved a three-month extension for Ketan Merchant as interim CEO. This fo...

Uttar Pradesh Chief Minister Yogi Adityanath reviewed health and medical education. He stressed improving treatment quality and expanding s...

Executing a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...

Spirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...

IRS no tax on tips 2026 is trending fast. Up to $25,000 deduction is now possible. That is real money saved. This rule applies to tax years...

Starting April 1, 2026, new Income Tax Act and Rules bring significant changes for Tax Year 2026-27. Key updates include extended ITR due d...

Pay additional tax, file an updated return—and still face 30% tax and 300% penalty under the Black Money Act? Unless Finance Bill 2026 reso...

The new $25,000 tip tax deduction applies from 2025 through 2028. File IRS Schedule 1-A to claim it. Only voluntary tips qualify. Income li...

More than 1.5 million taxpayers have revised their income tax returns for the current assessment year. This voluntary compliance initiative...

Taxpayers are advised to file updated Income Tax Returns (ITR-U) promptly to avoid higher penalties. Filing by March 31, 2025, incurs a 25%...

Finance Minister Nirmala Sitharaman proposed to extend the time limit for filing updated tax returns from 24 months to 48 months in the Uni...

"Total number of taxpayers for AY 2020-21 is 8,22,83,407. The projected total population of the country as on March 1, 2021 .... was 136.30...

Aiming to garner higher revenue from indirect taxes, FM P Chidambaram will address industry bodies at Chennai, Delhi and Mumbai on Voluntar...

'Voluntary Compliance Encouragement Scheme', which came into force after passage of Finance Bill, can be availed by a service tax defaulter...

The form is triggered if you are a US taxpayer with shareholding or interest in a foreign corporation exceeding certain prescribed limits.

Sumit Bose today said the recently announced voluntary compliance scheme for service tax defaulters will help the government widen the tax ...