The High Court set aside an order rejecting condonation of a 13-day delay in filing a return during the COVID period. It held that pandemic-related constraints constituted genuine hardship and ...

Direct employment increased from 1.08 million workers in 2021–22 to 1.37 million in 2023–24, a CAGR of 12.3%, compared with ...

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 ...

About 92% of the 24.3 million Americans who use the marketplace receive a subsidy of some amount, according to KFF. If ...

Labor will avoid racking up $1 trillion in government debt this financial year because it will collect $15bn more in taxes ...

The televised speech was a desperate bid to convince Americans they were imagining not being able to afford groceries, and ...

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

The cavalry is not coming to save the Affordable Care Act’s enhanced premium subsidies before they lapse at year’s end. And while the House is expected to vote in January on a Democratic proposal to ...

Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

President Trump is giving most federal workers two extra days off this holiday season. In an executive order on Thursday, ...