The IRS can use aggressive tactics to collect your tax debt, but you may be able to negotiate a settlement instead.
With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...
The Union Budget 2025-26 has kept the tax slab rates unchanged for salaried individuals below 60 years old. The existing tax slab rates are as follows: nil for individuals earning up to INR 2.5 ...
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
The government’s move to propose a new income tax law has reignited discussions, especially since no relief was announced for ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...