For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...

The minutiae of corporate tax policy are usually only of interest to firms and their armies of consultants. In 2025, however, ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

The South Carolina Department of Revenue says the county’s Green Space Sales Tax will expire on March 1. On that date, ...

Some Democrats voted with Republicans Tuesday to pass a half-a-percent cut to Kentuckians’ individual income tax rate.

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Ohio Gov. Mike DeWine suggested increasing the state's sports betting tax rate from 20% to 40% would yield $130-$180 million ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to avoid an audit.

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...