The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...
or file an amended return if you already filed but did not include a Schedule EIC (if you had a qualifying child). The EITC is designed for people whose earned income was under $66,819 for tax ...
Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...