The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

A major tax increase could be introduced in the Budget. Several experts have been warning there could be key changes to tax policy in the fiscal statement. Iona Martin, tax partner at accountancy firm ...

The pain of a government shutdown won’t just be political: Millions of low-income women and children could be left hungry as soon as next week if congressional Democrats and the White House do not ...

The Income Tax Department has released Excel Utilities for updated returns. These are for ITR-5, ITR-6, and ITR-7 forms. This applies to Assessment Years 2021-22 and 2022-23. Forms are available on ...

The Income Tax Department has released the Excel utility for ITR Form 6 for AY 2025-26, enabling companies to file returns for FY 2024-25. Several ITR forms have been notified, including ITR-1, 4, and ...

The income tax (I-T) department has now enabled the ITR-5 Excel form online for firms, Limited Liability Partnerships (LLP), Associations of Persons (AOP), and Bodies of Individuals (BOI). In a post ...

The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used by partnership firms, Limited Liability Partnerships (LLPs), and ...

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Hexcel Corporation (NYSE:HXL) is about to trade ex-dividend in the next four days. The ...

The Income Tax Department has released the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26. Thus enabling taxpayers with capital gains, crypto earnings, foreign assets along with ...