The government’s highest tax deducted at source (TDS) on so-called virtual digital assets (VDA) came from crypto exchanges based in Maharashtra at ₹293.40 crore in 2024-25, followed by Karnataka ( ...

The IRS’s heightened focus on enhancing collection efforts through AI and technological advancements, coupled with recent court ruling, signals a shift in tax collection practices.

Tax professionals say many taxpayers are unaware that the IRS has broad authority to seize funds once required notices are issued. IRVINE, CALIFORNIA / ACCESS Newswire / December 19, 2025 / Many ...

South African taxpayers face another round of tax hikes in 2026, with the National Treasury's plan to collect an additional ...

NEITI recommends a five-year review for the new Nigeria Tax Act to align with global standards, enhance transparency, and ...

With the RBI’s 125 bps rate cut cycle nearing its end, experts suggest a shift toward accrual-based debt strategies and short ...

Structural and empowerment issues in States are restricting the expansion of property tax and user fees for basic services ...

While HMRC does possess powers to claw back unpaid tax in specific situations – through the Direct Recovery of Debts scheme, currently in a limited 'test and learn' phase – it can only retrieve debts ...

One of the great advantages touted for levying income tax is that it is a ‘progressive’ tax – the rate of income tax increasing as income levels increase.  However, peculiar conditions of income tax ...

President Trump is floating an idea that could appeal to millions of budget-strained households: using tariff revenue to reduce, or even eliminate, the federal individual income tax. But tax experts ...

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The last thing anyone wants to think about at year-end is taxes, but it’s the first thing you should think about, advisers say. President Donald Trump’s signature tax and spending package introduced ...