The Income Tax Act,1961, does not contain specific provisions on alimony. Relevant case laws, along with analogous provisions ...

The Office for Budget Responsibility forecast that the cost of the Triple Lock would be three times higher by the end of the ...

One of the key suggestions is that individual taxpayers should be allowed to claim TDS refunds even if they file their income ...

A Parliamentary panel has recommended key changes to the new Income Tax Bill, 2025, including allowing late ITR filers to ...

President Trump's latest legislation eliminates the 30% federal solar tax credit after December 2025, ending the program ...

The panel reviewed the Bill, introduced in Parliament this February, which proposes an overhaul of the Income Tax Act, 1961, ...

One of the most exploited provisions is Section 10 (13A), which permits exemption on house rent allowance (HRA).

An unregistered vegetable vendor in Haveri, Karnataka, receives ₹29 lakh GST notice after digital transactions via UPI total ...

Months of confusion over which foreign countries’ products may become more expensive to import has left a question mark over ...

The governor vetoed provisions Republican lawmakers passed in the state’s $60 million budget to offer relief from ...

It’s been six months since Joe Biden left the Oval Office. The House has launched investigations asserting that Biden’s ...

The incident shows why small traders might stop taking UPI payments out of fear. Many would rather handle cash than deal with confusing tax demands. This goes against the government’s aim of building ...