The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...

The department has advised taxpayers to review their ITRs, verify the correctness of their exemption claims, and revise their ...

It’s official. The word “sustainable” is gone from Tesla’s mission statement. For over a decade, Tesla’s guiding star was ...

The Court set aside reassessment proceedings after finding that the assessing officer failed to verify whether cash deposits were used to create a fixed deposit. The case was remanded for fresh ...

Explore how clean surplus accounting exposes hidden income statement items, impacts net income, and its significance for ...

Gov. Bob Ferguson announced support for an income tax on people earning over $1 million, raising the prospects that the tax long sought by Democrats will pass.

This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...

Gov. Kathy Hochul and Democratic New York lawmakers haven’t extended President Trump’s “no tax on tips” policy to state ...

The Central Board of Direct Taxes (CBDT) has launched a “Nudge” campaign for the 2025–26 assessment year on Tuesday, December 23, asking taxpayers to voluntaril ...

Alaska’s U.S. Sens. Lisa Murkowski and Dan Sullivan said they are still working on extending health care subsidies that ...

The last Social Security benefit of 2025 will be dispersed this week, and January's SSI check comes next week. Learn how the ...