1+ hour, 9+ min ago  (203+ words) NTD: Mexico stands to lose the most from the tax, with losses potentially totaling more than $1. 5 billion per annum. The Internal Revenue Service and the Department of the Treasury proposed regulations on Friday regarding the new excise tax, established under…...

6+ day, 7+ hour ago  (1679+ words) Key Structural Changes " Income-tax Rules, 2026 The Income Tax Act, 2025 contains 536 sections and 16 schedules compared to the 819 sections and 14 schedules of the 1961 Act. In the new Act, the overall complexity has been reduced because: (i) Explanations and provisos have been incorporated into…...

1+ week, 4+ day ago  (94+ words) Happy New Financial Year " and Welcome to the New Income Tax Act 1 April 2026 is not merely the start of a new financial year. It is the date on which India's tax administration crossed a generational threshold. The Income Tax Act,…...

1+ mon, 3+ day ago  (688+ words) When it comes to personal finances, few things are as ubiquitous " or misunderstood " as debt. It's almost impossible to live in the modern economy without taking on some kind of debt. Despite the proliferation of credit cards and loans, however,…...

9+ hour, 46+ min ago  (377+ words) Taxes are due within days " and millions of Americans are racing to file before the deadline. More than 90% of taxpayers are expected to file electronically, according to the Tax Policy Center, while the Internal Revenue Service processes more than 150 million…...

1+ week, 3+ hour ago  (1003+ words) Capital Gains under the New Income'tax Act, 2025 " Simple Guide for Tax Period 2026'27 1. What does "capital gain" mean now? Capital gain is the profit you make when you sell a capital asset for more than what it cost you, including normal…...

2+ hour, 3+ min ago  (939+ words) For salaried employees in the new tax regime, the list of meaningful tax-saving components has shrunk. Popular elements such as house rent allowance (HRA) and leave travel allowance (LTA) have lost relevance for those who have shifted to the simplified…...

1+ hour, 38+ min ago  (445+ words) Published on April 13, 2026 Nobody thinks about the credit card when a relationship ends until the statement arrives. Here's what to know before it becomes a problem. A true joint account means both people applied together, both names are on the…...

2+ hour, 43+ min ago  (525+ words) Apr 13, 2026 at 06: 25 AM EDT Apr 13, 2026 at 06: 26 AM EDT As the 2026 tax filing deadline approaches, the'National Taxpayer Advocate is warning Americans that recent changes to U. S. Postal Service (USPS) rules could unexpectedly cause mailed tax returns or payments to be classified as…...

2+ hour, 28+ min ago  (279+ words) The dual reporting has been removed in the new ITR forms. (Image Source: Freepik) Taxpayers must continue to comply with the provisions of the Income Tax Act, 1961 and Income Tax Rules, 1961 while filing returns before the July 31, 2026 deadline for non-audit…...