The simplified Income Tax Bill, which is half the size of the 1961 Income Tax Act, seeks to achieve tax certainty by ...

In her eighth budget, the finance minister raised the tax exemption limit to Rs 12 lakh a year from Rs 7 lakh and also ...

The UK Parliament saw a second reading of the border security bill to strengthen border security. Home Secretary Yvette Cooper said the bill was for strengthening UK’s border security, which has been ...

Lauding the new tax regime, PM Modi said that his government seeks to put more money in the pockets of people, increase ...

The Union FM has concluded the budget after making her speech for nearly an hour and 15 minutes. The biggest announcement ...

including in developed countries like the USA and UK, it has its share of criticisms. In India, factors such as bracket creep, where inflation pushes individuals into higher tax slabs without a ...

Sir Keir Starmer praised the "real progress" in the UK's relationship with Germany as he welcomed Chancellor Olaf Scholz to Chequers on Sunday. The two leaders met at the Prime Minister's country ...

Mint’s research shows that in major economies, the marginal tax rate applicable to similar income slabs is much higher than in India. In the UK and Australia, the comparative income is GBP 0.16 ...

As the Union Budget 2025 approaches, debates over tax reforms have reignited frustrations among the middle class about the ...