The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

It is important to note that this zero tax liability only pertains to the new tax regime that has been in place as the ...

According to the new Bill, the due date for filing returns by company, and person (whose accounts are required to be audited) ...

The Budget 2025 has raised the threshold of rebate available under Section 87A from Rs 25,000 to Rs 60,000. The basic income ...

A Wisconsin man has pleaded guilty to a felony charge of filing a fraudulent income tax return, according to officials. Kyle ...

You'll get access to an ad-free website with a faster photo browser, the chance to claim free tickets to a host of events ...

The push for modernising the Income Tax Rules reflects its broader goal of creating a tax system that is not only more ...

Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

The bill consists of 23 chapters, 16 schedules, and 536 clauses, covering a broad spectrum of tax-related provisions.