AY 2025-26 can be filed till December 31 2025. Tax expert explains ITR-U helps correct errors but cannot reduce tax or claim ...

ISLAMABAD: Federal Tax Ombudsman (FTO) has ruled that no prior notice or intimation is required under the law for ...

Datuk Seri Dr Wee Ka Siong is urging the government to ensure that income tax refunds are processed and credited within 30 days.

If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good ...

New York state residents are receiving one-time inflation refund checks of up to $400. Are you among them? Check your eligibility—and mailbox—now.

Key elements of the bill involve lowering tax rates for middle-income earners and increasing the standard deduction, which ...

Offer the amount received as Income from Other Sources (deemed dividend) in their income tax return (ITR), and Record the ...

The bank's net interest income (NII) showed a 5 per cent year-on-year (YoY) growth, aided by interest earned on an income tax refund, which helped expand net interest margins (NIMs) by 5 basis points ...

| State tax credits for affordable housing projects can be critically important in the capital stack, helping developers bridge financing gaps, accelerate project timelines, and build innovative ...

Not all taxpayers benefit from this relief. Several chartered accountants have raised concerns that certain categories, especially those dealing with international or specified domestic transactions, ...

ISLAMABAD: The Lifestyle Monitoring Cell of the Federal Board of Revenue has found that certain taxpayers are living a lavish lifestyle but are declaring negligible amounts in their tax ...