The Federal Board of Revenue has decided to make the online submission of income tax returns and withholding statements mandatory for individual taxpayers, with amendments being made to the Income Tax ...

The New Labour Code 2025, which came into effect last month, has reshaped how salaries are structured. Under the new rules, basic pay, dearness allowance and retaining allowance must together make up ...

Taxpayers often have to file income tax returns just so to claim a refund for having tax deducted at source for various reasons even when their income does not fall under the taxable bracket. The ...

The Lok Sabha on Monday, August 11, approved the updated Income-Tax (No. 2) Bill, 2025, a landmark move to replace the Income-Tax Act, 1961, which has been in force for over sixty years. Finance ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...

New rules and changes in the 2025 tax law mean it’s more important than ever to understand taxable and nontaxable income. Consult a tax professional for personalized advice to help ensure you take ...

When it comes to understanding income tax (I-T) rules and staying compliant with the guidelines, most of us struggle. Taxpayers often grapple with understanding the ITR forms, figuring out various I-T ...

From April 2026, India's tax system is set to see a major change. From 1 April 2026, new rules related to income tax will be implemented across the country. The government will replace the old Income ...

Millions of households are about to discover that the federal income tax bill they have long assumed was inevitable may not ...

The taxation of Social Security benefits was introduced in 1983 as a strategic measure to address the financial challenges facing the Social Security trust fund. This decision was made to ensure the ...

The Income Tax Act 2025 comes into effect on April 1, 2026. Learn key changes, updated filing rules, and how taxpayers should ...

The Income Tax Return (ITR) filing due date for the assessment year (AY) 2025-26 ended on September 16 for taxpayers whose accounts did not require audit. The ITR filing date for AY 2025-26 (FY ...