Results for “Income Tax Returns”

LivemintCenter4 days ago

Income Tax Returns: 'How India filed in 2026' - 5 trends that reveal how young investors, salaried earners manage money

India's income tax filing data reveals five changing money trends: more Indians are earning beyond salaries, young taxpayers are filing complex returns, low-income earners are reporting diverse income sources, young investors are...

LivemintCenter3 days ago

₹8.66 crore cash trail found on woman's computer during Income Tax raid: Why ITAT gave her a clean chit

An Income Tax search uncovered ₹8.66 crore in cash transactions on a woman's computer, triggering a massive tax demand. But ITAT ruled that the expenditure belonged to a real estate company, not the woman, and deleted the tax addition.

LivemintCenter2 days ago

Income tax: Can a widow be taxed on ₹60 lakh gifted by her late husband? ITAT ruling offers clarity

A widow won a ₹60 lakh income tax dispute after ITAT Pune accepted her explanation that the cash deposited in her bank account was gifted by her late husband for her and their two daughters. The tribunal ordered deletion of the entire...

LivemintCenter4 days ago

Income Tax: Can married daughters keep gold jewellery at parents' home? ITAT ruling explains tax implications

The Delhi ITAT deleted ₹1.13 crore in tax additions after accepting that 3.9 kg of jewellery found at a man's home belonged to his late wife and three married daughters. The ruling highlights how families can establish ownership of gold...

LivemintCenter6 days ago

Income Tax Form 3CEB deadline today: Who must file transfer pricing report by 31 Oct and how to submit it?

Taxpayers covered by transfer pricing rules must obtain a chartered accountant’s Form 3CEB report and file it online by October 31. Here's how to do it, who needs to submit the form and penalty for failing to file it by tonight. 

LivemintCenter8 days ago

Income tax: Can your business income be clubbed with your husband’s? ITAT ruling offers relief to woman

ITAT ruled in favour of a woman whose timber business was treated as her husband’s family firm by the Income Tax Department. The tribunal found insufficient evidence linking the two businesses, highlighting the importance of proving...

LivemintCenter8 days ago

Applying for PAN? Know these 4 new forms under Income Tax Act 2025; check fees, documents and application process

Applying for a PAN after April 1, 2026? The Income-tax Act, 2025, prescribes Forms 93, 94, 95, and 96 based on the applicant’s citizenship and entity status. Here is who should use each form, the documents required, the application...

Mercer Island ReporterNot rated2 days ago

Washington voters embracing income tax on high earners

Voters on Tuesday were upholding Washington’s new income tax on households earning more than a million dollars a year, a threshold opponents argued would eventually be lowered to apply to everyone.

Daily express finance newsLeans right6 days ago

HMRC issues new income tax warning to 12 million Brits - ‘don't miss deadline’

Millions of taxpayers have been urged to prepare.

LivemintCenter7 days ago

November 2026 income tax calendar: Check key deadlines for TDS payments, tax certificates and ITR filing

November brings several important income tax deadlines, including TDS payments, issuance of TDS and TCS certificates, and the extended ITR filing deadline for audit cases. Here's a date-wise guide to key forms, compliance requirements...

LivemintCenter4 days ago

India once had no LTCG tax: How income tax rules on LTCG, STCG and STT changed over the years

India’s capital gains tax regime has undergone several changes over the decades, from its abolition in 1949 to the removal of LTCG tax on listed equities in 2004 and its reintroduction in 2018.

BBC NewsCenter11 days ago

Healey to shield low-income pensioners from income tax in the Budget

Changes are needed to prevent the full, flat-rate state pension becoming liable for income tax after it rises in April.

QuartzLeans left6 hours ago

8 European countries with top income tax rates above 50% in 2026

Eight European countries tax top earners at 52% or more in 2026. See what each top income tax rate reveals about who pays.

Google NewsCenter7 days ago

Think tank: 114 companies paid no current federal income tax but still aren’t biggest hit to deficit

Think tank: 114 companies paid no current federal income tax but still aren’t biggest hit to deficit Fortune More than 100 big companies paid no federal income tax in 2025 USA Today Bernie Sanders Blasts United, Southwest And American...

LivemintCenter4 days ago

Sukanya Samriddhi Yojana taxation: Is entire SSY maturity amount tax-free? Key income tax rules parents should know

Sukanya Samriddhi Yojana taxation explained: Find out whether SSY maturity proceeds and interest are tax-free, how Section 80C deductions work under the old tax regime, and the key deposit limits, account rules and maturity conditions...

LivemintCenter5 days ago

Bank interest not reported in ITR? ITAT ruling explains when taxpayers can escape income tax penalties

ITAT Delhi deleted a ₹3.08 lakh penalty on a salaried taxpayer who omitted ₹4.49 lakh in bank interest from his ITR. The tribunal cited a bona fide omission and an improperly worded penalty notice under Section 270A.

IbtimesCenter5 days ago

Over 100 Profitable Corporations, Including Tesla, Managed To Pay Zero Current Federal Income Tax

An ITEP analysis found that 114 profitable US companies paid no current federal income tax in 2025, while hundreds more paid rates below the statutory level.

Daily express finance newsLeans right7 days ago

John Healey explains why he snubbed working people to 'focus on pensioners'

The Chancellor chose not to give an Income Tax cut to working age people, only pensioners.

USA TODAYLeans left23 hours ago

IRS adjusts 2027 tax brackets. How your paycheck changes

IRS adjusts 2027 tax brackets. How your paycheck changes USA Today

The HinduLeans left3 days ago

Bihar CM Samrat Choudhary’s appeal to give up free electricity triggers row

Tejashwi Yadav has been continuously criticising the Samrat Choudhary-led National Democratic Alliance (NDA) government, claiming it to be “on the verge of bankruptcy”. Covered by 3 outlets: 2 lean left, 1 are centre.

QuartzLeans left2 days ago

13 states with zero tax on retirement income, from Alaska to Wyoming

These 13 states skip tax on Social Security, pensions, 401(k)s, and IRAs, but sales, property, and estate taxes vary.

The Epoch TimesRight14 hours ago

Farming Body Warns Trust Tax Exemption Won’t Cover All Farm Income

A visitor try glass of wine an event at Glandore Wines in Hunter Valley, Australia, on June 29, 2024. (Roni Bintang/Getty Images)

BBC NewsCenter8 days ago

Ed Davey: 'It's a £76bn stealth tax rise'

Liberal Democrats leader Ed Davey says a freeze on income tax thresholds is a '£76bn stealth tax'. Another stealth tax rise will cost workers an average of £234 each. Covered by 3 outlets: 2 are centre, 1 are not rated.

ManchestereveningnewsCenter7 days ago

Exact amount DWP State Pension will rise to in April 2027 confirmed as new tax rule explained

EXCLUSIVE: New tax allowance rules will come with a higher £13,319 threshold. State Pensioners have been warned a new tax allowance could be more complicated than expected, with experts raising concerns over how the changes will work....

Daily express finance newsLeans right2 days ago

Pensioners loved this retirement income booster - John Healey just killed it

Last week's Budget wasn't quite as brutal as the two inflicted on taxpayers by Rachel Reeves. But Chancellor John Healey still went in hard.

India TodayCenter2 days ago

US Polls: Income Inequality, AI Job Losses & Indian-American Voting Trends

US Polls Income Inequality AI Job Losses IndianAmerican Voting Trends

Indian ExpressLeans left5 days ago

‘This was extra income during Diwali’: 4 lives snuffed out while cleaning Ujjain hotel waste chamber

Daily express finance newsLeans right5 days ago

State pensioners could increase income by £18,500 with two DWP benefits

State pensioners across the UK are being urged to check their eligibility for tax-free disability benefits in addition to their State Pension.

Taipei TimesCenter6 days ago

Average taxi income rises: survey

The Japan TimesCenter6 days ago

Japan considers paying low-income workers ¥5,000 through benefit program

Under the program, a fixed amount is expected to be given to people in work who earn ¥1.19 million or less annually.