1. Foreign Tax Credit (FTC) is a mechanism to provide relief to the taxpayers to claim credit in India for the taxes paid in overseas country on the doubly taxed overseas sourced income (i.e., taxed ...

In Financial Year (FY) 2024–25, a change in the applicable TDS rate on rent under Section 194-IB has created confusion among many tenants and property ...

From TDS/TCS filings to Form 61A/B submissions: know what's due, when, and who must act. Stay compliant to avoid penalties ...

From TDS deposit to TDS/ TCS certificates and challans to advance tax; here's the complete list of activities you should complete in May.

Filing an income tax and benefit return might not be the highlight of your year, but it allows you to receive any benefit and credit payments you’re entitled to, and you may even get a refund.

Planning your rental income carefully might have a big impact on your total taxation. Whether you rent a property, create long-term wealth, or just pay for the mortgage, you need to know the tax ...

It is mandatory to register the digital signature of authorized persons on TRACES to submit the Refund Request. PAN of ...

Income Tax Returns Process: In a first for the financial year 2024-25, the Income Tax department will open its official portal to make online filing a reality. The availability of requisite Income Tax ...

On April 15, Tax Day, Governor Brian Kemp (R-Ga.) signed House Bill 111, legislation lowering Georgia’s flat income tax from 5.49% to 4.99%. This new income tax cut, the latest in a series of ...

A major tax change will hit the self-employed and landlords with an income of over £50,000 next April. From April 6, 2026, they will be required to use Making Tax Digital (MTD) when declaring ...