Experts have often called the current Income Tax Act of 1961 complex, cumbersome, and leading to a lot of litigations. The ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

Adopting such a tax policy could drastically shift electoral odds in favour of the ruling party. Policymakers seek ...

The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

In the United States, many retirees are caught off guard when they discover that their Social Security benefits may be ...

Local officials, school advocates and tax policy experts said such a proposal could have dire impacts on basic services.

Global markets are in a wait-and-see mode as President Trump vows to slap steel and aluminum tariffs, among other levies, on ...

Comment: Argument that cutting the tax would encourage more capital to be invested in NZ reflects a fundamental ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

Parliament Budget Session 2025, New Income Tax Bill 2025 Live Updates: The Parliament is expected to have another stormy ...