These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

The RBI has announced that it will introduce new guidelines to address mis-selling and forced selling of insurance.

The latest figures from the Department for Work and Pensions (DWP) show there are now 12.9 million people claiming the State ...

Germany is known for its robust economy, high-quality healthcare, and excellent infrastructure, but it also has a complex and progressive tax system. Whether you’re a resident or a foreigner planning ...

Have you ever heard of anyone complaining about making more money? If you have, they probably grumbled about moving up a tax ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Budgets usually witness a few days of number-crunching and reading the fine print, before markets settle down. In this case, ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...

If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.

Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments ...