Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...

India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...

Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from ...

Taxpayers may soon see updated Income Tax Return (ITR) forms as the government prepares to implement the new Income Tax framework scheduled to take effect from April 1 this year. The revised forms are ...

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

​With data analytics tightening the tax net, salaried taxpayers are increasingly facing income tax notices over small mismatches flagged through AIS/TIS and NUDGE alerts. Budget 2026 aims to ease this ...

The Kenya Revenue Authority reinstates 'Nil Return' filings after a suspension, enhancing compliance checks for 2025 income ...

The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...

India’s new Income Tax law will simplify ITR filing from 2027 with pre-filled returns, crypto disclosure and changes to PAN rules.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up. Here's what to know.

Tax liability depends on days spent in India, not citizenship. Understanding ROR, RNOR, and NR status determines whether global income is ...