The Union Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman in Parliament on Saturday, provided major relief to the salaried class with no income tax on an average monthly income ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

IRS Free File program at IRS.gov offers free tax software to those with adjusted gross incomes of $84,000 or less. Other free ...

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Govt remains steadfast in its belief that a taxpayer-friendly regime will ultimately drive long-term compliance and economic ...

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

you may want to contact a tax professional before diving in — this type of deduction has a lot of fine print and red tape. Working from home can have its benefits, he wrote while wearing a worn ...

"No tax on income up to ₹12 lakh!" The announcement in the Union Budget 2025, made by finance minister Nirmala Sitharaman on 1 February, was music to the ears of many taxpayers. Take Mr. A ...

Salaried individuals can achieve zero tax on annual income up to ₹13.7 lakh through standard deductions and investments in ...

Consumption demand in India remains weak and GDP growth for the third quarter ended December 2024 is forecast around 6.4 ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...