Trump is amping up tariffs against almost every other country. The Mississippi economy relies on trade with Canada, Mexico, ...

As President Trump threatens a wider trade war on EU and other allies, an obscure global tax battle could be one retaliatory ...

No one likes paying income tax, but residents of some states have it worse than others. Here are some of the worst offenders ...

Income Tax Bill 2025 eliminates deduction for inter-corporate dividends for companies opting for 22% tax rate, causing double ...

A company can claim a deduction for dividends received from domestic or foreign companies, or from business trusts, when ...

Under Section 80M of the present income tax law, Indian companies are allowed to deduct dividends received from domestic or foreign companies, as well as business trusts, when these dividends are ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

Citizens who let tax preparers to list the preparers’ bank account and get their tax refunds lost their stimulus funds to the ...

The New Income Tax Bill—or the new direct tax code—is part of the Narendra Modi administration’s ambitious goal of ...

Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing deadlines, industry updates, trivia, and more.

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...