Among the key changes announced was the introduction of a provision under which individuals with a taxable income of up to Rs ...

The federal government is expected to impose additional tax burdens on the salaried class as total tax collection from this ...

The federal government is likely to further increase the tax burden on salaried individuals, with total tax collection from ...

Finance Bill 2025 introduces tweaks to personal income tax structure, including marginal relief for those earning slightly ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

Finance Minister K N Balagopal’s long-winding budget speech came as a surprise, given his earlier performances. While it ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

The standard veterans tax credit is limited to people who served in World War I, World War II, the Korean Conflict, Vietnam ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), ...

In the Union Budget 2025, significant changes in direct taxes have been introduced to streamline fiscal policies. Firstly, a ...

Trump imposed a 50% tariff on imports of washing machines in 2018. Researchers estimate the value of washing machines jumped ...

The state has forgone investments in its schools and homeowners. This imbalance is causing a heavier burden on homeowners.