Income Tax: Central Board of Direct Taxes (CBDT) has finally notified income tax return filing forms (ITR-1 and ITR-4) via notification dated April 29, 2025. Taxpayers were eagering waiting for ...

ITR Filing: To make payment of tax hassle-free, the Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal. According to the tax department, this will ...

One such income is the interest on post office savings accounts. Under the new regime, taxpayers can claim a tax exemption of up to ₹3,500 on a single account and up to ₹7,000 on a joint ...

LARSON SAYS THE STATE COMPTROLLER’S OFFICE AND THE CITY’S BUREAU OF THE BUDGET AND MANAGEMENT RESEARCH HAVE COME OUT AND RECOMMENDED REDUCING THE PROJECTED INCOME TAX REVENUE FOR 2026 BY ...

In a move set to ease the tax filing burden for a significant portion of the taxpayer base, the Income Tax Department has officially notified the Income Tax Return (ITR) forms 1 and 4 for the ...

In the new financial year, taxpayers are gearing up to file their income ... office work are deductible as per the actual expenses incurred. 6. Some exemptions under section 10 in the new tax ...

Speaking at a Tuesday rally in Michigan to mark his first 100 days in office ... employee are considered income and are therefore currently subject to federal income tax, as well as Social ...

Income tax return: The Central Board of Direct Taxes (CBDT) has notified the complete set of Income Tax Return forms ( ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-V, ITR 6, ITR-7 ) for Assessment ...

However, one area that requires close attention is the corporate income tax (CIT) framework ... may still need to finalize the process in person at the local tax office. Delays can occur if the ...

President Trump floated a new income tax cut Sunday as a way to mitigate ... Trump announced several waves of tariffs since taking office in January, including a 10 percent baseline and higher ...

Unfortunately, like other types of income, your Social Security benefits can be taxed -- for now. President Donald Trump has noted several times that he wants to eliminate the federal tax on ...

"When Tariffs cut in, many people’s Income ... tax cut," starting "with people making less than $200,000 dollars a year." Trump, who will mark the 100-day milestone of his second term in office ...