The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

As part of his economic agenda, President Donald Trump has proposed eliminating federal income taxes as a way to make the ...

Filing taxes isn't most people's idea of fun, but it's usually better to file early. After all, filing late can lead to some ...

Kentucky Gov. Andy Beshear signed a bill into law which will reduce the personal income tax for millions of Kentuckians.

The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other categories taxed at special rates remains ineligible for the rebate, leaving many ...

Income Tax Budget 2025 LIVE: According to the Budget FAQs, In the case of a director of the company or a person who has a substantial interest in the company, these amenities and benefits will ...

Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...