The issue was whether renting out an auditorium made a theatre trust commercial in nature. The Tribunal held that such receipts did not defeat charitable status and upheld ex-emption under sections 11 ...

Tribunal observed that confirmation of additions without examining affidavits and tax returns of close relatives is legally flawed. The matter was remanded for fresh ...

Republicans extended Trump's tax cuts, boosted spending for the Pentagon and immigration enforcement, repealed a record ...

An Income Tax Assistant from Sasaram was sentenced to one year in jail for demanding a Rs 600 bribe to process a Rs 5,826 tax ...

An economic expert at Bayero University, Kano, Prof. Kabiru Isah Dandago, has said the Federal Government can go ahead with ...

The call followed comments by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, who ...

A new law orders regulators to study the cost impacts of fast-growing, energy-hungry AI data centers. Lawmakers are expected ...

As of October, nine states levied no income tax at all, according to the Tax Foundation. Read on to learn about the nine ...

Economists see the tax cuts in Trump's One Big Beautiful Bill as a principal driver of the U.S. economy in 2026, both for ...

The cost of health insurance is set to surge for millions of Americans under the Affordable Care Act at the start of the new ...

We found that TurboTax is the most user friendly and comprehensive tax software for nearly all situations, yet its premium ...