Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.
What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...
A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...
A taxpayer in the new regime with an income of Rs 12 lakh will get a benefit of `Rs 80,000 in tax. Read big takeaways ...
Finance Minister Nirmala Sitharaman announced major changes related to credit guarantee, income tax, etc in Union Budget 2025 ...
Indian equity benchmarks ended Saturday's session flat, as a decline in infrastructure stocks offset gains in consumer-facing stocks, which rose on optimism that income tax cuts will boost personal ...
Sitharaman has managed to provide income tax relief to common citizens, support MSMEs and startups, announce policies to ...
Finance Minister Nirmala Sitharaman will deliver her Budget speech in Lok Sabha at 11:00 am today. Viewers can catch the live coverage of Sitharaman's Budget 2025 speech on the Business Standard ...
Dubai: As the Indian government’s tax reforms on property sales continue to affect Non-Resident Indians (NRIs), concerns ...