The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a ...

No matter what line of work you’re in, your goal may be to see your income increase from one year to the next. So if that’s ...

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025, announced that she will table the new income tax ...

The amount you pay the IRS each year is determined by your tax bracket. That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable ...

It’s important to understand how income tax withholding works ... your employer uses withholding tables provided by the IRS, along with other adjustments on your W-4, to help calculate the ...

The announcement of Nil tax for those with taxable income of up to Rs 12 lakh has brought cheer to all who fall in that category. However, many who are marginally above that ceiling will end up taking ...

If you're thinking that you can keep your tip income under the table, think again. If the IRS catches you withholding tips from your tax return, you'll be hit with a penalty requiring you to pay ...

DALLAS, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation ("Capital Southwest” or the "Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing ...

BT brings to you an easy-to-use tool that helps in calculating the tax payable on your income for FY 2025-26. It also lets you compare your tax liability under new tax regime and old tax regime.

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

"According to the CAG report, a total of 20,242 people registered in 2008-09 when the scheme was launched. This was done under registration at birth. The numbers increased to 23,871 in 2009-10.

"Certain types of investment products can get you some tax-free income, like government bonds," said Colvin. "The tax benefits you get from federal or municipal bonds are a nice perk, but they won ...