The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...

The government has reported a rise in direct tax collections and foreign investment inflows following corporate tax rate reductions, effective from AY 2020-21 (except the pandemic-affected FY 2020-21) ...

Governor Sanjay Malhotra, who took charge in mid-December, is likely to depart from the hawkish approach of his predecessor, ...

Scotland’s Tax Strategy is welcome but says little concrete about tax policy. And some actual tax policy is divorced from any ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

Rising interest rates have made the tax free payouts on municipal bonds more appealing, particularly for high-income investors in states like California and New York Though their exemption from ...

In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

For high-income earners, including physicians, getting funds directly into a Roth IRA or other after-tax accounts can be a ...

Learn the benefits of individual municipal bonds over bond funds, including fixed cash flow and tax advantages. Explore more ...

Vanishing ARPA funds will test Gov. Ned Lamont’s commitment to budget ‘guardrails' as lawmakers seek more funds for Medicaid ...

Finance Minister Nirmala Sitharaman announced a major income tax relief in her Budget 2025 speech on Saturday, stating that ...