Experts have often called the current Income Tax Act of 1961 complex, cumbersome, and leading to a lot of litigations. The ...
New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...
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The new income tax bill received clearance from the Union Cabinet last week. Soon, the FM will likely table the same in the ...
Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...
Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...
Gov. Greg Gianforte again wants Montana lawmakers to cut the top income tax rate. However, a bipartisan group of lawmakers ...
The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...
The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...
The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...
Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...
Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...
While ongoing tax reforms are commendable, the government must address additional challenges to achieve its projected revenue ...
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