Form 16, a crucial document for salaried taxpayers, is issued by employers, detailing TDS on salary. It contains vital ...

Indiana Rep. Houchin showcases President Donald Trump's "No Tax on Tips" policy with restaurant workers, exploring how the ...

The AICPA submitted a letter to the Senate Finance Committee leadership, expressing concerns, and offering two ...

ITAT Ahmedabad upholds allocation of employee benefit expenses to agricultural activities for Super Crop Safe Limited, citing the specialized and labor-intensive nature of their operations. Finance ...

Fixed deposits may feel like a safe bet, but without proper tax planning, they can silently drain your returns. CA Nitin ...

Treasury Secretary Scott Bessent said House and Senate Republicans can cut a deal on the state and local tax deduction within the next two days, resolving one of the key issues that has stymied ...

After years of inflation, high costs, and heavy-handed regulation, Main Street is ready for a comeback. The House-passed One Big Beautiful Bill is the spark we need. It's a bold, pro-growth tax and ...

James Rouhandeh of Davis Polk & Wardwell is honored for his body of trial work including his role as lead trial counsel for ...

Republicans in the House and Senate are struggling to agree on key parts of Trump’s tax bill, including tax cuts, immigration ...

As U.S. Senate leadership struggles to get a vote this week on the One Big Beautiful Bill Act, House leaders brought in ...

Here's a simple step-by-step guide to help you file your ITR correctly, reduce errors, and stay compliant while maximising your eligible tax benefits.

One of the first documents you’ll need is FORM 16, which your employer gives you. It shows your total salary, how much tax was deducted, and what deductions were claimed.