10 takeaways in new Income Tax Bill for taxpayers: Tax year, TDS compliance, number of sections and more
According to media reports, the new Income Tax Bill is likely to be tabled in Parliament today, i.e., on February 13, 2025. According to the revised business list published on the Lok Sabha website, ...
Will deadline for income tax filing change in the new Income Tax Bill?
Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The question arises: Will the new Income Tax Bill 2025 change the deadlines for filing ...
India Today on MSN3h
New Income Tax Bill to be tabled today: Here's what you can expect
New Income Tax Bill is expected to come into effect on April 1, 2026. The bill aims to simplify tax laws, remove outdated ...
Income Tax Bill rolls out new 'Tax Year' concept, set for Parliamentary introduction on Thursday
The Income-Tax Bill, 2025, which is likely to be introduced in the Parliament on Thursday (13/02), rolls out key changes such ...
Hespress on MSN14h
Moroccan tax authorities crack down on income tax evasion using AI and spending analysis
Moroccan tax authorities have launched a new audit campaign targeting individuals suspected of underreporting their income to ...
New Income Tax Bill 2005 soon: Here are top points on taxpayers, tax deadlines, pension, investors, cryptos
The main objective of the new income tax bill is to streamline the existing Income Tax Act of 1961 to enhance comprehension ...
MiBolsilloColombia on MSN17h
IRS modifies tax refund criteria due to immigration policies: What you should keep in mind
In a groundbreaking move, the Department of Homeland Security (DHS) has proposed a collaboration between the IRS's Criminal ...
IRS wants court to toss crypto exec’s appeal over bank record summons
The US Internal Revenue Service has argued that it complied with financial privacy laws when it reissued summonses for bank ...
Could ERC Delays Get Worse if Trump Downsizes the IRS?
The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...
The Truth About Offers In Compromise And IRS Debts
You should verify the company that you work with to reduce IRS debt because Offers in Compromise are difficult to achieve.
IRS Now Makes International Tax Noncompliance Penalties Harder To Escape
New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA ...
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Tax Systems Launches AI-powered, SaaS Solution for Global Pillar Two Compliance and Reporting
Tax Systems, the global multi-tax compliance SaaS provider, has today announced the availability of Pillar2, an intuitive solution to de-risk and simplify compliance with the OECD’s global ...