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Recently, the department has taken action against fake ITRs filed by taxpayers. The department has used data analytics and AI tools to identify fake or inflated claims, such as false TDS filed by ...
The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While ...
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NDTV Profit on MSNNew Income Tax Bill: Here’s What Could Change For You From Next YearFirst tabled in Parliament on Feb. 13, the new bill focuses on simplifying the language and structure of the existing tax law.
Refunds are sent directly to your bank account. If the account isn’t e-verified or linked properly, the refund will fail.
The new Income Tax Bill, 2025, is leaner, better organised, and easier to navigate than the Act it aims to replace. Yet, what ...
Burberry CEO Joshua Schulman calls on the UK government to reinstate VAT-free shopping for tourists, arguing it could restore ...
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The government has reportedly accepted the committee’s recommendation and is expected to include it as an amendment to the Income-Tax Bill, 2025. The proposed system would tie the new refund form to ...
Total number of approved applications for VAT refunds related to new residences for UAE nationals reached approximately 38,000 ...
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Talk of a new $2,000 stimulus cheque landing in July or August 2025 has gone viral. But as of now, neither the IRS nor the US ...
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Soy Nómada on MSNThey prevent chaos in the next IRS tax filing due to cutsThe Internal Revenue Service (IRS) is bracing for a challenging 2026 tax season following a significant reduction in its workforce. The Department of Government Efficiency (DOGE) mandated these cuts, ...
The Federal Tax Authority (FTA) continues to see strong results from its digital VAT refund systems for eligible categories, maintaining high levels of ...
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