New York energy rebate checks are rolling out through December. Yours could be worth $100, $150 or $200New York is mailing millions of energy rebate checks through December 2026, with eligible residents receiving $100, $150 or $200 under the ...
16 Oct, 2026, 10.45 PM IST
GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
16 Oct, 2026, 10.52 AM IST
EITC 2026 income limits revealed: Full table shows tax credits from $664 to $8,231 based on children and incomeThe Internal Revenue Service released updated figures for the Earned Income Tax Credit in Revenue Procedure 2025-32. The adjustment raises ...
15 Oct, 2026, 12.28 AM IST
IRS Form 1040: How to check if you qualify for a tax credit and how much you could getFamilies filing their federal income tax returns in 2026 could qualify for up to $8,800 through the IRS Child Tax Credit. The maximum appli...
14 Oct, 2026, 11.35 PM IST
IRS $4,427 tax credit in 2026: Who qualifies, income limits and how to claim itEligible US taxpayers could qualify for an IRS Earned Income Tax Credit of up to $4,427 in 2026. Find out who qualifies, the income limits ...
14 Oct, 2026, 02.54 AM IST
IRS is not sending $4,427 payments right now: When eligible taxpayers can claim the 2026 EITCThe IRS has set the maximum Earned Income Tax Credit at $4,427 for 2026 for eligible workers with one qualifying child. The IRS set these a...
14 Oct, 2026, 01.34 AM IST
Commuting to work? A $340-a-month pre-tax benefit could reduce your 2026 taxes, and your employer may already offer it to you right nowGetting to work just got a little cheaper. The IRS raised the monthly pre-tax transit cap to $340 for 2026. That lets workers set aside $4,...
13 Oct, 2026, 09.27 PM IST
Centre & states to draft rules for existing arrest cases under GSTThe Centre will collaborate with states to create standard procedures for handling arrest cases. Starting April 1, 2027, an invoice managem...
13 Oct, 2026, 01.27 AM IST
GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue officialDuring the 57th GST Council meeting, significant recommendations were made to address concerns from stakeholders. The government plans to i...
12 Oct, 2026, 10.09 PM IST
Married couples, take note: The $32,200 standard deduction in 2026 could shrink your taxable income before you even start itemizing nowThe Internal Revenue Service (IRS) announced tax adjustments for 2026, incorporating annual inflation updates alongside changes made under ...
12 Oct, 2026, 06.49 PM IST
Give without paying gift tax: The $19,000 annual exclusion is unchanged for 2026, and it lets you move money without gift tax this yearThe IRS announced major tax changes for 2026. Standard deductions increase to $16,100 for single filers and $32,200 for couples. The gift t...
09 Oct, 2026, 11.11 PM IST
This $2,000 IRS tax credit can help pay for college in 2026, but there's an income catchTaxpayers pursuing education may benefit from the Lifetime Learning Credit for eligible expenses incurred. This credit covers 20% of up to ...
09 Oct, 2026, 08.39 PM IST
GST Council eases tax rules for IT exports via foreign branchesThe move addresses a major demand from the IT and IT-enabled services sectors, providing significant relief to companies that support globa...
09 Oct, 2026, 06.00 AM IST
No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | ExplainedThe GST Council has approved a sweeping process overhaul, easing registration, speeding up refunds, widening input tax credit and reducing ...
08 Oct, 2026, 06.33 PM IST
GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
08 Oct, 2026, 06.22 PM IST
"GST is always very useful for state like West Bengal": Finance Minister Swapan Dasgupta after 57th GST Council meetIn the recent 57th GST Council meeting, West Bengal Finance Minister Swapan Dasgupta emphasized the crucial role of GST in bolstering state...
08 Oct, 2026, 05.55 PM IST
Tax credit vs deduction in 2026: How a $20,000 credit could cut a $50,000 tax bill to $30,000IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...
07 Oct, 2026, 04.44 AM IST