G.S.R. 125 (E).— In exercise of the powers conferred by section 285 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Workers who are paid low wages − and in many cases are trying to raise children on overstretched paychecks − can qualify for ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...