Nine states reduced their tax rates effective Jan. 1, 2025, and one eliminated its income tax. Find out if you live in one of ...

Any violation of the above limit attracts heavy penalty. “The penal consequences of violating the mandate above is imposition ...

More than two out of five Minnesotans who received an e-bike tax rebate are tax filers with more than $100,000 in income.

Income Tax Department (ITD) in India is a government body that handles the collection and management of direct taxes. Income Tax Department falls under the Department of Revenue, which is part of the ...

The Income Tax (IT) Department has warned against excessive cash transactions and violations would trigger heavy penalties ...

Department conducted searches at several sites across Tamil Nadu, including a construction firm owned by N Ramalin.

The Jammu and Kashmir State Taxes Department has intensified its inspections and enforcement drives across various districts ...

The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section ...

The exam is scheduled to be held in various centres such as Delhi, Lucknow, Hyderabad, Kanpur, Chandigarh, Kolkata, and ...

The Income Tax Department has set up a 24x7 control room to monitor unaccounted cash and valuables during the Delhi Assembly ...

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

The Income Tax department has issued a notification stating that the Income Tax Act discourages cash transactions and will ...