Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

House Republicans are considering new taxes on scholarships, changes to student loan repayment plans, and a significant hike ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

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

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Finance Minister Nirmala Sitharaman announced the introduction of a new income tax bill in the Lok Sabha next week, replacing ...

The new bill seeks to make direct tax law simple to understand and not to impose any new tax burden, reportedly. It will not ...

Security personnel keep vigil at one of the counting centres on the eve of the counting of Delhi Assembly Election | Photo Credit: SUSHIL KUMAR VERMA ...

A group of Pakistani pilgrims attended the Maha Kumbh Mela in Prayagraj, praising India's government for speedy visa ...

The Union Cabinet approved a new income tax bill to replace the 60-year-old Act, aimed at simplifying direct tax laws without adding burdens. The bill, soon to be introduced in Parliament, will focus ...