The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under ...

The notification also allows the authorised Commissioner to delegate powers in writing to Additional or Joint Commissioners ...

Tax policy experts say that while this year’s budget has 'not a lot for the average person' in terms of tax policy, some ...

The good news is that a new tax benefit aimed at helping families with children under 17 is now in effect. For the tax years ...

In addition to managing a policy point, the top-up tax credit manages “the political issue that there weren’t losers coming ...

The federal government cancelled some measures including the underused home tax and a luxury tax on boats and airplanes ...

Jamie Golombek of CIBC Asset Management offers his take on Carney’s first budget, and the potential impacts on the investment ...

Learn about the Additional Child Tax Credit, including its definition, claiming process, and special circumstances. Discover the benefits and drawbacks.

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The federal child tax credit (CTC) is a key benefit that helps families offset the costs of raising children. For years, data show that the CTC has provided tax relief to millions of households, with ...

Claiming family tax credits is a must if you're eligible. Not only can family tax breaks lower your tax liability, but they may even increase your refund. However, which credits you qualify for can ...