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Are you an NRI having income in India? Here’s how you will be taxed
You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…
FM urges I-T officials to expedite returns, refund process and grievance redressal
Finance Minister Nirmala Sitharaman on Tuesday urged income tax (I-T) officials to follow the three…
This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached
Oregon residents may soon vote on a universal basic income program that would give every resident $…
Erin Snodgrass
Made a mistake while filing tax returns? Here’s how to file a revised ITR
The process of revising a tax return involves making necessary updates and corrections to a previou…
Looking to file taxes on your own? Here is what you need to keep in mind
It is that time of the year again – when we have to file our taxes. While we can take the services …
ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies
To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
How to compare your tax liability in old and new tax regimes
Finance Minister Nirmala Sitharaman, during the 2023-24 Budget, announced that the new tax regime h…
Only 2 days left to link PAN with Aadhaar – Missing the deadline will lead to PAN deactivation and more
The Finance Ministry had extended the deadline to link one’s Permanent Account Number (PAN) with Aa…
A Bay Area county gave low-income moms $1,000 a month. 2 years later, more families had stable housing and new jobs.
Marin County, California gave 125 low-income mothers of color $1,000 a month for two years. Familie…
Allie Kelly,Noah Sheidlower
The House passes a bill to give parents a boosted child tax credit and businesses tax relief
Families that are covered under the legislation could see their 2023 taxes cut by $680.
Juliana Kaplan,Ayelet Sheffey…
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
Janet Yellen wants a new way for people to file their taxes for free after very few Americans used the current program
Just 1 in 25 Americans were able to file their taxes for free last year. The Treasury Secretary wan…
Juliana Kaplan,Joseph Zeballo…
FM Nirmala Sithraman keeps tax slabs unchanged
As expected and in relief for the citizens, the central government neither tweaked nor put any addi…
ANI
All you need to know about linking Aadhaar to PAN
You can go to the Income Tax India website and link your PAN with Aadhaar by paying a late fee of ₹…
The IRS could auto-fill nearly half of taxpayers returns, according to a new paper — meaning they wouldn't have to spend time and money filing their taxes
Right now, Americans spend billions of dollars — and hours — preparing their taxes. But many could …
Juliana Kaplan
Lower-income Americans are the group most likely to think they should be taxed more
The share of low-income Americans who said they should be taxed more was nearly triple the percenta…
Jason Lalljee
Exclusive: Hunter Biden's tax returns
Hunter Biden's 2018 tax return, published here by Business Insider, complicates the narrative laid …
Mattathias Schwartz
As taxes come due, millions of Americans are still waiting on their refunds from last year
Some people are still awaiting thousands of dollars in 2020 refunds — and have seen their finances …
Juliana Kaplan
Do not forget to check form 26AS before filing your income tax return. Here’s why
If you have been paying income tax, there is something called 26AS you should be aware of. It is an…