Benjamin Franklin coined the saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and has a tax ...

Americans received a glimmer of financial relief last week when the Federal Reserve cut rates for the first time this year, and indicated more cuts could be on the horizon. In just a ...

NEW DELHI: Reporting Virtual Digital Assets (VDAs) on your tax return is not easy. Cryptocurrency-related transactions require scrip-wise reporting, meaning each transaction must be reported ...

Income Tax Return (ITR) Filing Due Date AY 2025-26 Latest Updates (August 25): With only 21 more days to go before the income tax return (ITR) deadline comes to an end, the total number of ITRs filed ...

The deadline for filing the Income Tax Return (ITR) is now just 13 days away. So far this year, about 4.26 crore taxpayers have filed ITR and around 4.05 crore returns have been verified. Of these ...

The new tax year may be well underway, but HMRC is still busy issuing updated tax codes to individuals as it works through changes in personal circumstances linked to National Insurance numbers or ...

ITR filing: All merchant navy officials, who qualify as Non-Resident Indians (NRI) under the Income Tax Act in India, are exempt from paying taxes on their income. A merchant navy personnel working ...

If you file your ITR as early as possible, you can verify it early, and your refund will also be processed earlier. If you cross the due date of filing ITR, you will have to pay a penalty of Rs 5,000.

The full list of the 68 professions that would qualify for the “no tax on tips” deduction, can be found here. The “no tax on ...

The new tax year may be nearly halfway through by now but HMRC is still sending out new tax codes to people as it catches up with changing personal circumstances on your National Insurance number or ...

Though we're nearly halfway through the new tax year, HMRC continues dispatching fresh tax codes to individuals as it works through updates to personal circumstances linked to National Insurance ...

HMRC has shared information about how to make sure you are on the right tax code. The issue came to light after a question from a customer who was concerned they were on the wrong tax code. They told ...