This proposed legislation seeks to replace the existing Income Tax Act of 1961, which has been in place for over 60 years.

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter and year ended December 31, 2024.

Under the Tax Cuts and Jobs Act, itemizing homeowners homeowners can deduct mortgage interest on up to $750,000 worth of ...

Malliotakis created the Bonus Tax Relief for America’s Seniors Act and the Tax Relief Unleashed for Seniors by Trump (TRUST) ...

A pair of new bills could introduce tax cuts for senior citizens, part of a massive tax package currently being ...

Trump has been criticized for concentrating on social issues, such as removing Spanish translations of federal government ...

Finance Minister Nirmala Sitharaman will introduce the New Income Tax Bill this week, after which it will go to a ...

Although the recommendations are still evolving, education advocates are alarmed they are gaining traction at all.

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

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...