Mississippi governor intent on income tax cut even if states receive less federal money
Mississippi Republican Gov. Tate Reeves says he will push lawmakers to phase out the state income tax, even if federal ...
Income tax department warns: ‘Declare foreign assets or pay ₹10 lakh penalty’
The I-T dept launched a compliance campaign urging taxpayers to report foreign assets in their AY25 returns, noting that ...
New condonation of delay rules for companies claiming benefit of lower income tax
New condonation of delay rule for companies, trusts and others for claiming benefit of lower tax, tax audit and others, Know the latest changes ...
Bar & Bench23h
Supreme Court issues notice to PayPal in IT department's plea against stay on ₹32 crore demand
The Supreme Court on Tuesday issued notice in an appeal filed by the Income Tax department challenging an order of the Bombay ...
SC grants NewsClick relief by stalling tax recovery
The Supreme Court on Monday stayed further recovery of an outstanding tax demand from news portal NewsClick, directing the ...
Failure to disclose foreign assets, income to invite ₹10 lakh penalty: I-T dept
CBDT launches compliance campaign for taxpayers to report foreign assets in ITR, warns of ₹10 lakh penalty for non-disclosure ...
ABP Live on MSN3h
ITR Filing: Disclose Your Foreign Income By Dec 31 To Avoid Penalties, Says CBDT Chairman
The official said that individuals who haven’t shared these details yet should do the same in their revised return for the ...
Taxpayers must disclose foreign income by Dec 31, says CBDT chairman
When asked about the progress in the income tax law review, the CBDT chief said that public consultation is ongoing and more ...
Coinbase CEO Brian Armstrong Says DOGE Department Is A 'Once-In-A-Lifetime-Opportunity,' Advocates Abolishing Individual Income Tax
Coinbase CEO Brian Armstrong suggests eliminating individual income taxes in the US to simplify the system and promote ...
Benzinga on MSN21h
Coinbase CEO Brian Armstrong Says DOGE Department Is A 'Once-In-A-Lifetime-Opprtunity,' Advocates Abolishing Individual Income Tax
Coinbase CEO Brian Armstrong proposes eliminating individual income taxes in the U.S., suggesting shift to business taxes.
Failure to disclose foreign assets or income could lead to Rs 10 lakh penalty, warns Income Tax department
The department issued this advisory as part of a new compliance and awareness campaign, launched on November 16, to ensure ...
Tax Guru2d
High-Pitched Assessments in Income-Tax Cause Injustice
The article raises several questions about the fairness and efficiency of the Income-Tax Act, administration, and assessing ...