The IRS announces an increase in the standard mileage rate for business use of vehicles. Starting January 1, 2026, the rate ...

Nigeria's revenue system transforms with the Federal Inland Revenue Service evolving into the Nigeria Revenue Service in ...

It pertains to the assessment order under Section 74 of the Central Goods and Services Tax Act, 2017, for FY-2018-19 to FY ...

The NBR expects that at least another 10 lakh returns will be submitted as the deadline for filing returns is extended until 31 January.

The Education Department quietly announced that there are no plans to restore a tracker that had allowed borrowers to assess ...

While the 2025 budget bill created some new tax breaks business owners can take advantage of immediately , the meat of the ...

As of December 28, around 8.5 crore income tax returns had been filed and verified. Out of these, nearly 7.8 crore returns ...

Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...

From buttoning up tax benefits to setting goals, here's a guide to positioning your business for success in 2026.

From increased retirement contribution limits to tax changes to possible interest rate drops, 8 money pros share what to ...

December 31 is the final day to file both belated and revised income tax returns for Assessment Year 2025–26. Once this window shuts, taxpayers lose access to these relatively flexible options and ...

A revised income tax return (ITR) allows taxpayers to correct mistakes or omissions in a return that has already been filed.