The Latest Breaking News from Income Tax

Exclusive: The government’s decision to freeze income tax and national insurance thresholds will cost health workers an additional £1.5billion per year, analysis shows

The Karnataka government on Tuesday issued guidelines for the Gruha Lakshmi scheme (monthly financial assistance of ₹2,000 for women), for the benefit of women who are identified as heads of families in Antyodaya, BPL or APL cards of the household. Among the eligibility criteria is that the woman or her…

The payments would come off before any tax or National Insurance was deducted, similar to workplace pensions.

New Mexico rebate checks will be sent soon. Here's what you should know.

An indexed universal life insurance policy can help you with tax mitigation and extra retirement income in addition to death benefits for your beneficiaries.

Is being middle-class worth it? You be the judge, but here’s what the numbers say.

Low-tax states, including states with no capital gains tax, are selling points for many people.

The Director of Income Tax (investigation) Sivasankaran on Sunday, May 28, said the attack on I-T Department officials, allegedly by the DMK workers and the supporters of Minister for Electricity, Excise and Prohibition V. Senthilbalaji in Karur two days ago, was “deliberate”. The I-T Department officials would not be scared…

The Income Tax department has come out with guidelines for selection of cases for scrutiny, under which cases wherein assessees have not responded to I-T notices will be picked up for compulsory examination