Before you claim a key deduction, make sure you qualify.

Tax relief and tax rebates are often confused. Learn how they differ, who qualifies and what each option can — and can’t — do for your taxes.

As a federal marijuana rescheduling decision remains pending, congressional researchers have released an analysis of tax implications for cannabis businesses under current law—including a review of ...

Many Americans may get very big tax refunds in 2026 because of new tax rules and higher deductions. Experts say this extra ...

The 2026 tax filing rules have shifted with new "super catch-up" limits and inflation adjustments.

The Union Budget 2026 left the income tax structure unchanged, but taxpayers are once again faced with a key decision — whether to opt for the new or old tax regime for FY 2026-27. With revised ...

The Tribunal held that non-filing of Form 10CCB along with return is a curable defect. A genuine start-up cannot be denied deduction under Section 80-IAC merely on procedural ...

The Centre has released the draft rules for the New Income Tax Act, 2025, which may make the old tax regime more attractive ...

A Facebook message from an old friend had ended in a $63,000 fine. Now Aussies are being warned about 'massive' penalties for dodgy deductions.

The old tax regime refers to the income tax calculation and slabs that existed before the introduction of the new tax regime in 2020. Old tax regime has higher tax rates, but taxpayers get exemptions.

Tribunal sent back the matter to the AO to verify eligibility of Section 80P(2)(d) deduction based on Supreme Court guidelines regarding RBI licence status of the co-operative ...

A 26-year-old woman faces several counts concerning tax fraud.