India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

What's not yet clear is what happens to the Strategic Outreach and Attraction Fund (SOAR), a program advocated by Whitmer to ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view ...

Summary: Effective from September 1, 2024, the Budget 2025 amendments introduce block assessment procedures for search cases under Sections 158B to 158BI of the Act. A block period now includes six ...

Budget 2025 income tax expectations: Most personal tax experts are of the view that the government will phase out the old income tax regime in the coming years. However, they are divided on how soon.

Republican Gov. Kevin Stitt's budget would cut millions from many state agencies and spend close to $250 million for new tax cuts.