This article discusses some of the key amendments that may be introduced in the upcoming budget to achieve the Finance Minister's vision of a more streamlined and taxpayer-friendly tax regime.
HMRC has issued a warning that individuals could face fines of up to £900 if they fail to submit their Self-Assessment tax ...
A significant 84% of respondents to a KPMG in India survey highlighted the need to reduce tax litigation, which remains a ...
Ahead of the Budget 2025, President Draupadi Murmu suggested that there could be significant tax relief for middle-class ...
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
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Bill proposes overhaul of Social Security taxesA new bill has been introduced in Congress that could significantly alter the Social Security payroll tax structure in the ...
Idaho House Speaker Mike Moyle announced that a series of tax cut bills would be coming soon. The first bill is to reduce the ...
The emerging House Republican tax package would raise working- and middle-class families’ costs to shower enormous tax ...
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the ...
In India, the Income Tax Act of 1961 has specific rules in place to discourage tax evasion through the transfer of income to ...
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...
In November 1947, the nation's first post-independence budget was presented. Learn about the finance ministers of India and ...
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