Most of these people filed a 2021 tax return three years ago but somehow they skipped claiming a much-talked-about stimulus credit worth a great deal of money. Most likely, they didn't realize ...
The IRS announced plans to issue automatic payments to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. The Recovery Rebate Credit provides up to $1,400 ...
The Internal Revenue Service announced in December that it will begin issuing payments later this month to 1 million taxpayers who missed claiming them when filing their 2021 tax returns.
Tax season officially begins Monday when the Internal Revenue Service (IRS) will begin accepting returns for the 2024 tax year, but taxpayers should be aware of deductions and credits that could ...
Tax experts note this emphasis on clarity rather than systemic changes. The Bill incorporates tables for TDS provisions, presumptive tax rates and assessment timelines to enhance understanding.
Finance minister Nirmala Sitharaman on Thursday tabled the new Income Tax Bill 2025 in the Lok Sabha and proposed a review by a select committee of the lower house, signalling the government’s ...
Income Tax Bill 2025: Finance Minister Nirmala Sitharaman tabled the new direct tax code or the Income Tax Bill 2025 in Lok Sabha on Thursday. The Income Tax Bill, 2025, will now be referred to ...
Commenting on the Bill, Nangia Andersen LLP M&A Tax Partner Sandeep Jhunjhunwala said in the new bill all TDS related sections have been brought together under a single clause with simple tables ...
The idea of tax breaks for developers and investors still carries a hefty legacy within Irish public administration and among voters. Both are still scarred by the boom, the bust and the cost of ...
New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has tabled the New Income Tax Bill in Lok Sabha on Thursday, comprising 536 clauses across 622 pages, with an aim to replace the ...
Finance minister Nirmala Sitharaman on Thursday introduced Income Tax Bill, 2025, in the Lok Sabha, seeking a comprehensive overhaul of India’s tax laws. She urged Speaker Om Birla to refer the bill ...