Every taxpayer should make an effort to mitigate their tax liability by claiming all the available deductions and exemptions at the time of furnishing their tax returns. However, such deduction/ ...

​The due date for the deposit of tax deducted/collected for May 2024. However, all sums deducted/collected by an office of the government shall be paid to the credit of the central government on the ...

The Internal Revenue Service (IRS) has issued a reminder for U.S. taxpayers living and working outside the United States to file their 2023 federal income tax returns by Monday, June 17. This deadline ...

Too good to be true sales, tax return fakes and deductible donation offers can all be trojan horses. Fake myGov scam messages doing the rounds lately. Picture: Customer Owned Banking Association ...

Reporting NFT transactions in income tax returns is a complex process that requires accurate and detailed record-keeping. Here are some key steps to follow: Keep Accurate Records: Keep detailed ...

8 Must-Know Financial Dates and Deadlines: A lot is going on in life, so it’s easy to get distracted. But that can lead to costly mistakes. You could lose out on a limited-time opportunity to save ...

In documents outlining the transition to Universal Credit published by the department last month, it was revealed that the DWP will remove the exception that allows individuals to renew their Tax ...

Yesterday, he asked the Federal government to review the tax distribution system to return 20 percent of the tax revenue collected to the state, to facilitate more effective development ... BERNAMA ...

The Income Tax Department took to social media to inform taxpayers about the crucial deadline to link their PAN to Aadhaar. The department's post emphasised that not linking PAN with Aadhaar would ...

for a period of five years from the due date of filing the annual income tax return or the actual date of filing thereof, whichever comes later. (e) In the exercise of the Commissioner’s power under ...

It is always prudent for each taxpayer to calculate their tax position and present it to URA as per the provisions of the law rather than wait for URA to have their own interpretation of ...