One significant amendment in the revised Income Tax Bill is the introduction of the term 'tax year', which replaces the ...

New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA ...

Tulsa World also obtained records showing state ended agreement with a vendor and added 20 new employees to directly operate ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...

itharaman emphasized that the new code would not only simplify the complex provisions of the current tax laws but also ...

The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.

Ultimately, India should get a fair share of tax revenue (from overseas digital firms accessing Indian market), which we are ...

This is Union Finance Minister Nirmala Sitharaman's record 8th consecutive budget presentation, coming in the backdrop of ...

Individuals earning up to ₹12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister ...

“For a person earning Rs 12,10,000, in the absence of marginal relief, the tax would amount to ₹61,500 (5% of ₹4 lakh + 10% ...