Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...

When Trump slashed corporate taxes from 35% to 21% in 2017, corporate spending rose but not enough to make up for government ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

Madurai: Paying income tax is an important duty, but certain benefits can be considered for honest taxpayers if and when they fall into difficult time.

you could also face state income taxes on Social Security benefits. Fortunately, the list of states that tax Social Security is shrinking, and only nine will do so in 2025. “The list of states ...

The new income tax regime for FY 2025-26 offers significant benefits, including zero tax for income up to Rs 12 lakh and ...

Social Security benefits are an important source of retirement income, and no one wants to lose this money to taxes. Unfortunately, some retirees do find themselves owing some of their retirement ...

Tax season is now in full swing and the government agency has several helpful reminders for people looking to file.

Learn how to create a personalized drawdown strategy that maximizes your retirement income while minimizing your tax burden.

Social Security benefits cover a range of payments, including disability benefits. However, if you receive Social Security ...