16 August 2024 - The global tax system needed reform, and the UN answered the call on Friday with a blueprint for a new universal tax accord that represents an historic step towards changing the ...

According to the CBDT Instruction No. 1916, dated 11th May 1994, "In the case of a person not assessed to wealth tax, gold jewellery and ornaments to the extent of 500 gm per married lady, 250 gm per ...

(NEXSTAR) – Thanks to a number of changes to the tax code under the One Big Beautiful Bill, Trump administration officials are projecting Americans will enjoy the largest tax refund ever in 2026. Ways ...

President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised. "Over the next couple ...

PALM BEACH, Florida, Nov 27 (Reuters) - U.S. President Donald Trump said on Thursday his administration may slash income tax completely over the next couple of years because of government revenue ...

Federal tax refunds often represent a family's single largest check of the year, and next year's refunds could be even bigger, with the average payment set to increase by about $1,000 per filer, ...

Columbus City Council President Shannon Hardin is invoicing the Ohio General Assembly for $8 million. In a video posted to Instagram on Nov. 18, Hardin called out state legislators for not releasing ...

An emergency bill passed in Washington, DC, axing key tax breaks touted in the One Big Beautiful Bill Act for its residents highlights why Americans should pay attention to state tax laws, experts ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Photo by JIM WATSON/AFP via Getty ...

The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation but also due to ...

The Enforcement Directorate (ED) conducted raids across multiple states, including Arunachal Pradesh and Delhi, uncovering a massive ₹650 crore fake Input Tax Credit (ITC) scam. The operation targeted ...