Posts in tag

income tax


There’s no better time to think about next year’s taxes than right after you file this year. Jayme Thornton | Tooga Productions | Getty Images There’s still time to submit your bank account information to the IRS to get your $1,200 stimulus payment more quickly. But that window is closing, the IRS said on Friday. …

Finance Minister Nirmala Sitharaman on Saturday introduced new slabs and reduced the tax rate for different slabs for an individual income of up to Rs 15 lakh per annum, if a taxpayer opts for foregoing exemptions and deductions. The new tax regime will be optional and the taxpayers will be given the choice to either …

In a 33-page opinion, the Office of Legal Counsel wrote that Treasury Secretary Steven Mnuchin, left, could conclude the Democrats’ request was really designed to make the tax returns of President Trump, right, public. Photo: Alex Wroblewski/Bloomberg News Updated June 14, 2019 5:19 p.m. ET WASHINGTON—The Justice Department backed Treasury Secretary Steven Mnuchin’s refusal to …