The Latest Breaking News from Income Tax

These states will take the biggest tax bite out of your Powerball payout.

Oklahoma Gov. Kevin Stitt is again making his pitch to reduce the state's individual income tax rate

Police seize ₹1.75 crore from car in Kannur, Kerala. Accused, Swapnil Lakshman, 25, apprehended and questioned. Police discover hidden compartment in car containing bundles of ₹500 and ₹200 notes. Accused and money to be produced before court. Information to be relayed to Income Tax authorities for further investigation.

New Zealand's Opposition National party has released its alternative budget, promising more disciplined spending to pay for income tax cuts.

Flex, an electronic components manufacturer, confirmed that officials from the Income Tax Department visited its premises in Chennai. The company stated that they are cooperating with the agency and providing the information sought. Flex also mentioned that they have a long history of conducting business in India in a legal…

IT dept. organised outreach programme in Khammam on new exemptions, extended due date for Form 10A till Sept. 2023. K. Sai Sankar, B. Bala Krishna and V. Koteswaramma conducted the session. Chartered accountants, IT practitioners and assessees attended the programme.

Sir Ed said the Liberal Democrat commitment – dating back to 1992 – to raise income tax by 1p to improve public services is now unsustainable.

Lib Dem leader Sir Ed Davey suggested wealthier workers already pay enough tax

The Liberal Democrats have become the first major party to adopt an early version of its manifesto for a general election expected next year.