The net direct tax collection for the 2024-25 financial year narrowly missed the target of Rs 22.37 crore, even as it grew 13 ...

U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in ...

Failure to comply with filing requirements can lead to significant consequences, including automatic revocation of tax-exempt ...

As states across the country drafted bills to exempt NIL dollars from state income tax, one is now signed into law. Arkansas ...

The High Court considered two central issues on appeal: whether the Bank of Uganda Defined Benefit Scheme qualifies as a ...

The Central Bureau of Investigation has arrested an Indian Revenue Services (IRS) official and a private person who are ...

One week after Governor Kemp signed Georgia’s latest income tax cut into law, legislators in neighboring South Carolina are ...

“Audit rates for the average taxpayer have remained relatively low for years and will likely continue at similar levels in ...

Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS ...

The plan needs to overcome questions about funding and the stadium site. Backers also need an owner willing to spend billions ...

One of President Donald Trump's tax policy goals is to eliminate federal income taxes for individuals earning under $150,000 ...

Raising the corporate tax rate would not only undermine Trump's entire tariff campaign, but it would also harm the economic ...