These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

As the Delhi Assembly Election results unfold, the impact of Nirmala Sitharaman’s recent tax cuts is under scrutiny. Did the BJP’s focus on the middle class alter voter preferences in a city where ...

In order to make the Income Tax Act 1961 more concise and simpler, the government is introducing a new income tax bill.

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...

Adding US stocks to your investment portfolio can offer growth potential, stability, and diversification. Indian investors ...

As Delhi gears up for the 2025 Assembly elections, the impact of Nirmala Sitharaman’s tax cuts on middle-class voters could ...

Step into the shoes of FM Sitharaman with "Play The FM" or track the big buzz words from budgets over the years with "Word ...

The income tax department has come out with a fresh guidance note on the applicability of the Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively.

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...

The Income Tax department raided the homes and offices of producers linked to Pushpa-2 and Dil Raju in Hyderabad, probing potential tax evasion. The Income Tax department conducted raids on ...

Also, India’s tax base is too narrow ... Together, though, the elite account for less than a fifth of income tax collections,” the piece reads. But the taxpayers stuck in the middle are the ones who ...