According to a report, the new tax code bill tabled by Finance Minister Nirmala Sitharaman mandates sharing access codes with ...

Finance Minister Nirmala Sitharaman , in her Union Budget 2025 speech, announced a historic move—the introduction of a new ...

A new tax code is likely to come with the election of President Trump, and there a few directions Congress and the president could go. According to the Tax Foundation, a ...

Tax season may never be seen as fun, but this year provides Washington a perfect opportunity to make it less confusing.

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

Changes were made to the tax code in 1986 that created a generation-skipping transfer tax due to the generation-skipping trust's viability as a loophole to avoid federal estate taxes. Generation ...

Since pension freedoms were introduced a decade ago, individuals withdrawing money from their defined contribution pots have faced extra charges because of emergency tax codes applied by HMRC.

Greer warned that although HMRC’s planned reforms to update tax codes automatically for new pension withdrawals are a positive step, it’s unclear if they will fully fix the system’s issues. The HMRC ...

The direct tax code (DTC) aims to simplify India's intricate tax system, making it more accessible and easier to follow. Listen to Story Finance Minister Nirmala Sitharaman is set to table Budget 2025 ...

Will Finance Minister Nirmala Sitharaman replace the present Income Tax Act with the Direct Tax Code? As the country is gearing up for Union Budget 2025, businesses, individuals and all other ...

Overlooking a crucial tax code could help you determine if HM Revenue and Customers (HMRC) owes you money. This five-digit code, visible on all your payslips, helps identify your tax band.

With the Modi government back in power and Finance Minister Nirmala Sitharaman leading the charge, the introduction of the long-awaited Direct Tax Code (DTC) is on the horizon. The DTC promises to ...