Use this tool to estimate your marginal and effective tax rates after taking the standard deduction.

The tax/budget legislation known as “OBBBA,” signed into law at midyear, included provisions that will have a meaningful ...

A notable victory has been achieved in the tax arena as a taxpayer triumphed at ITAT Delhi, overcoming a significant hurdle ...

To account for inflationary changes, Minnesota is boosting the income ranges in its four tax brackets by 2.37% next year.

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has allowed a co-operative housing society to claim deduction ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

The Tribunal held that income assessment issues cannot prevent granting registration under section 12AB, directing the renewal for a trust already registered under ...

The Tribunal ruled that cash seized and previously taxed in the brother’s assessment cannot be taxed again in the assessee’s hands, remanding the issue to the AO for ...

The Income Tax Department's NUDGE campaign prompts taxpayers to correct bogus deductions and update their Income Tax Returns ...

From 2000 to 2022, Canadian home prices increased by 375% - 46% of that from 2020-22 - while the average Canadian wage rose 3 ...

RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva on Wednesday sanctioned a bill that exempts people earning up to 5,000 reais ($940) a month from income taxes, more than doubling ...