Learn how new ITR business codes impact tax filing. Key additions include codes for influencers and traders. AI to boost ...

The Income Tax Department has introduced a new profession code, 16021, specifically for social media influencers who earn by ...

There’s a new ‘bonus’ tax deduction worth $6,000 for older taxpayers — here’s who qualifies A Spelunker Thought She Found Trash in a Cave. It Was Actually Evidence of a Lost Civilization. JP Morgan ...

The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.

Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it becomes clear: The rates Americans pay will now depend less on how much money ...

Social media influencers now have their own tax code 16021, under ITR forms for FY 2024–25. The I-T department has classified them under the ‘profession’ category, making compliance more structured ...

What your tax code means Your tax code will usually be made up of letters and numbers. Let's take a common example – if you've got one employer, no work perks (such as a company car), live in ...

The larger exemption on retirement income is expected to affect both seniors and younger people. We want to know what you ...

The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign investment and had spooked Wall Street and global business leaders.