The Latest Breaking News from Income Tax

Income Tax sleuths on April 24 searched the assets of former Belthangady Congress MLA and former Congress minister K. Gangadhara Gowda and his son Ranjan G. Gowda, who is the president of Belthangady Congress unit.

The Income Tax (IT) department is conducting searches at multiple locations in Tamil Nadu. Read further on Dynamite News:

As states look to generate more revenue in an inflationary economy, along with the risk of a recession, progressive governors like J.B. Pritzker of Illinois who advocate for progressive income taxes also support one of the most regressive taxes: lotteries. This sort of “taxation” increases revenue without the stigma associated…

President Joe Biden and his wife, Jill, made $579,514 last year and paid $137,658 in federal income taxes

THE First Minister has expressed interest in proposals which would see income tax hiked on the wealthiest in society to raise more money for the…

Roz Foyer also said more strikes were "unavoidable" unless Government pay policy changed

It’s that time of year when throngs of taxpayers are buckling down to file their income tax returns before Tuesday’s filing deadline, and many often pay to use software from private companies such as Intuit and H&R Block

Question 1: When do you stop paying tax? Death and taxes. It can sometimes take the former to stop the latter. Basically, you stop paying income tax when

If you meet certain income requirements, you are required to file a federal tax return this year. You could face penalties if you don't.