<div>Finance Minister P Chidambaram said on 28 August that the Direct Taxes Code (DTC), initiated by him during his earlier tenure, needed a fresh look. After a ...

The release was not spontaneous, nor was it a leak, as the IRS had already been considering releasing the code as a way to demonstrate a commitment to public trust and enable independent assessment of ...

Direct File was launched as a pilot program in 2024. It allowed eligible taxpayers in a limited number of states to file their federal returns directly with the IRS at no cost. The program was ...