The Income Tax Department has released the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26. Thus enabling taxpayers with capital gains, crypto earnings, foreign assets along with ...

Income Tax: Did you miss out on something when filing the income tax return (ITR) for AY 2025-26? If that is the case, you can file an updated return. For those who are not aware, an updated income ...

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...

During the COVID-19 pandemic, millions of Americans packed up and moved — chasing sunshine, freedom and, let’s be honest, a lower tax bill. Fleeing from New York to Florida and California to Texas, ...

Net direct tax collections grew 6.33% to Rs 11.89 lakh crore so far in AY 2025-26 as against Rs 11.18 lakh crore in the same period a year ago, mainly due to a sharp dip in income tax refunds, ...

The amount you pay the IRS each year is determined by your tax bracket. That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable income ...

Pay attention to withholding tax because if too little is withheld, you may owe the IRS come tax time. Many, or all, of the products featured on this page are from our advertising partners who ...

A recent analysis conducted by The Senior Citizens League (TSCL), one of the nation’s largest nonpartisan seniors groups established in 1992, reveals a significant financial shortfall for Social ...

The U.S. has a progressive income tax system -- which means that the more money you earn, the higher your marginal tax rate. The good news is that the tax brackets are changing for 2026 tax year, so ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

The decision of Infosys Ltd’s promoters to opt out of its largest buyback of ₹18,000 crore points to an underlying concern, that of tax. Promoters of the country’s second-largest information ...