The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of the financial year 2024-25 (i.e. assessment year 2025-26).

Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the ...

Thousands of workers who process tax returns have been laid off by the federal government, prompting concerns among taxpayers ...

A government shutdown has never happened during tax season, creating a new set of concerns as the funding deadline nears.

Thousands of federal employees have been laid off due to the leadership of President Donald Trump and Elon Musk.

President Donald Trump — looking to slash funding of government agencies — ordered a hiring freeze on federal civilian ...

The unofficial agency is pursuing layoffs and office closures as part of its mission to eliminate waste in the federal ...

By: Ashley Murray Indiana Capital Chronicle For The Republic WASHINGTON — Elon Musk, the world’s richest man, claims American ...

E lon Musk’s cut-first, aim-later run through the federal government is predicated on the idea that the nation’s finances are ...

The little-known tax break, called the Retirement Savings Contributions Credit, could save earners $1,000 each ...

Need a real-life example of how the lives of local residents have been upended by the presidency of Donald Trump? Jenice ...

A Cabinet in Musk’s shadow  Inside Congress: bully pulpits to budgeting Trump: Ukraine should turn to Europe for security ...