H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

More than 1.3million received them in 2023/24, and the number will have risen since then and could soon pass 2million, ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...

The end of the year has brought confusion for many income taxpayers. The December 31st deadline has passed, after which ...

The tax shield on student loan forgiveness has expired. Here is how advisors can help clients lower their burdens.

Taxpayers now face a critical decision between old and new tax regimes, impacting their tax liability significantly. This ...

This explains how ESOPs are taxed as salary at exercise and as capital gains at sale. The key takeaway is the two-stage taxation framework under Indian tax ...

When Ohio Gov. Mike DeWine signed property tax reform bills, there was hope in Columbus it would appease voters who backed a ...

The HMRC loophole that allows savers to increase their Personal Allowance to £18,570 has been. The HMRC starting rate for savings allows people to bank up to £5,000 of interest payments and not have ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.