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

A petition calling for the personal tax allowance to be raised from £12,570 to £20,000 has surged in recent days and is set ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...

Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...

What's not yet clear is what happens to the Strategic Outreach and Attraction Fund (SOAR), a program advocated by Whitmer to ...

The Union Budget 2025 has introduced several noteworthy changes in direct taxation, aimed at benefiting taxpayers and simplifying the tax structure. These reforms focus on reducing the tax burden, ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.