Tax Department alerts flag ITR deduction mismatches, mainly for salaried staff and large donations, causing confusion and ...

Large cash payments for property, gold, or cars are restricted. Daily expenses like groceries can be paid in cash. The Income ...

The issue was whether foreign bank balances funded through LRS could be taxed as unexplained credits. ITAT held that once the source and opening balance are established, section 68 cannot be invoked ...

The issue concerns compliance with the revised GSTAT appeal form requiring a statement of facts within strict character limits. The framework clarifies when an appeal is treated as filed and how ...

Income Tax Refund Update: The last date to file income tax return is 31 December, which is just seven days later. Meanwhile, the income tax department has been sending bulk SMS and emails to some ...

“Having disruptions like this is really counterproductive for children, for parents who are trying to go to work, and for the ...

There are several ways to find your tax code, including using a tool on the Government website. You can also check your tax ...

Rising prices and volatile markets have turned gift giving into a small financial planning exercise. For families on fixed ...

President Donald Trump has put a headline number on the table that is hard for any middle-income household to ignore: a proposed $2,000 "tariff dividend" that he says would flow directly to Americans ...

Learn why Nigeria's 2026 tax reforms will use bank narrations to determine tax liability and how clear descriptions are now ...

Since he took office in 2023, Gov. Wes Moore has made housing a focus of his administration, and nearly every speech.

Under the new framework, individuals earning up to N300,000 annually are exempt from tax; small businesses with turnovers ...