Sitharaman announced in her budget speech that the new Income Tax Bill will be introduced in Parliament "next" week. The ...

The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...

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 ...

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

The biggest announcement was that individuals earning up to Rs 12 lakh would not have to pay any tax. But does this still ...

Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...

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 ...

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

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

In accordance with the proposed Finance Bill 2025, the rebate under Section 87A is now applicable up to a total income of Rs ...

The Department for Work and Pensions (DWP) has released a comprehensive list of uprated State Pension and benefit payments ...