If you can’t pay your tax bill in full, the IRS offers payment plans, settlements and hardship options — but penalties and ...

Here’s what Virginia taxpayers need to know about federal and state income tax filing deadlines for the 2026 tax season.

At present, taxpayers residing in Mumbai, Delhi, Kolkata and Chennai can claim HRA exemption of up to 50% of their salary.

Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...

Pennsylvania taxpayers have until mid-April to file their state income tax return. Here’s a breakdown of key 2026 deadlines.

Central Board of Direct Taxes has released draft Income-tax Rules and Forms to simplify compliance under the Income-tax Act, 2025, cutting paperwork, raising PAN thresholds, and expanding tax-free ...

A person resident outside India (PROI) has distinct residential statuses under FEMA and the Income Tax Act, impacting foreign exchange transactions and tax liability respectively. FEMA status hinges ...

The government is set to implement the new Income Tax Act, 2025 from April 1, 2026, bringing significant changes to how ...

Active Income vs Passive Income Meaning, Tax Implications and Wealth Creation Strategy In personal finance and taxation, ...

The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier ...

The rules clearly define thresholds for “significant economic presence”, bringing more non-resident digital businesses and ...

Union Budget 2026 maintains the existing income tax framework, with the new regime offering tax-free income up to Rs 12 lakh for individuals. While the old regime continues with its deductions, the ...