The IRS adjusts the federal tax brackets every year account for inflation. The tax agency recently released the new brackets ...

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

This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

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 ...

No more delay in getting tax orders rectified; Tax dept enables new feature where you can directly file the online ...

In this China Monthly Tax Brief for December 2025, we highlight key taxation developments relevant to individuals and businesses ...

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

Big tax refunds are coming in 2026, but critics warn Trump's new breaks could deepen debt and widen inequality across America ...

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

The HMRC loophole that allows savers to increase their Personal Allowance to £18,570 has been extended until 2031. The HMRC starting rate for savings allows people to bank up to £5,000 of interest ...