Conservatives who have spent decades promoting deep cuts to government are giving mixed reviews to the Department of ...

Catch up on the political news of the past week in the latest At the Races newsletter, including budget resolutions and retirements.

Beyond daily expenses, tax season sheds light on the financial disparities between singles and couples. In 2022, single filers received an average refund of $1,777, while married couples received an ...

WASHINGTON — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald ...

The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...

Kiplinger sat down with Mark Baran, managing director of the National Tax Office at CBIZ, a national professional services advisory firm. Baran had this to say about scammers: “They’re mining ...

The Indian middle class, and even some of its top 10% earners, are now fully exempt from income taxes. Small businesses don’t expect such largesse; they just want to know when they will be free of ...

The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was met with much cheer and enthusiastic number-crunching ...

Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he worked for Reuters, the Straits Times and Bloomberg News. The Indian ...

of the Income Tax Act on “capital assets" to include alternative investment fund (AIF) investments in securities. AIF income which could have been treated as business income will now definitely ...

The Union Budget 2025 has revised the income tax structure under the new regime, offering significant savings for many taxpayers. The new regime further reduces tax liabilities compared to the 2024 ...

In recognition of their contribution, we have periodically reduced the tax burdens. I am now happy to announce that there will be no income tax up to an income of Rs 12 lakh,” the Finance ...