The new income tax bill received clearance from the Union Cabinet last week. Soon, the FM will likely table the same in the ...

Negotiations at the United Nations may gain new impetus after President Trump rejected the Organization for Economic ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

The new Income Tax Bill will raise the level of transparency in tax laws by adopting clear language in provisions which ...

Though the timing is uncertain on when any of these proposals could surface, it could be as early as this spring.

President Trump's Tax Cuts and Job Act launched unprecedented prosperity and entrepreneurism for a majority of Americans, and ...

As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

The Income Tax Act, 1961, consists of 298 sections across 23 chapters, covering areas like personal income tax, corporate tax, and securities transaction tax. The new version of the Direct Tax ...

With a shortage of tax professionals in the country compared to previous years, many small business owners may be looking for new ways to get ... understanding 1099 income and maximizing business ...

Budget 2025 income tax: It is anticipated that with the thrust of the Government on the adoption of the new tax regime, there may be no changes to the old tax regime. (AI image) ...