Taxpayers awaiting income tax refunds, especially for larger amounts, may experience delays due to extra verification steps.

The 'specified date' of furnishing of the report of audit under any provision of the Income-tax Act, 1961, for the Previous ...

The larger your portfolio, the more you can expect to pay for financial advice. But do you really need it in the first place?

Residential status under the Income Tax Act is determined every financial year based on the number of days an individual stays in India. An individual is considered Resident if any one of the ...

The surplus earnings rule can alter or even halt benefit payments for months depending on the size of the lump sum ...

Some luxury-ranch buyers are paying farm-level taxes. Here's how ag rules work, who benefits, and what reforms could mean for ...

Universal Credit payments could be in jeopardy if people breach one specific limit, even if it's unintentional ...

From April 2026, quarterly digital tax updates will become a legal requirement for many self-employed people. While MTD is ...

Universal Credit payments is heavily influenced by a claimant’s earnings in each assessment period, which covers the full ...

Karachi: Pakistan is facing a big tax problem. In 2024, about 5.9 million people filed income tax returns. But more than half ...

ITAT Ahmedabad held that law doesn’t require brought forward additional depreciation from preceding year to be set off against opening WDV of the assets. Thus, revision u/s. 263 of the Income Tax Act ...

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