During the campaign, President Donald Trump floated an “all tariff policy” to replace the federal income tax. Here’s what ...

The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

NRIs who opt for the new tax regime may get some benefits, but they are not eligible for the Section 87A rebate ...

This year, 39 states had notable tax changes, with some that began on Jan. 1, and others set to take effect on July 1. Nine of these states cut their individual income tax rates for 2025. The most ...

The question then is which does Trump want more: more tariff revenue or perceived international policy victories?

In this budget, Finance Minister Nirmala Sitharaman revealed that individuals earning up to Rs 12 lakh annually will be ...

The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...

When Trump slashed corporate taxes from 35% to 21% in 2017, corporate spending rose but not enough to make up for government ...

Total Revenue Impact for FY 2023-24 is projected revenue impact. (ii) The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 Crores. In ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.