U.S. Senate Republicans are moving forward on President Donald Trump's sweeping tax-cut and spending bill that includes major ...

Economists have estimated that previous versions of the bill could add trillions to the national debt, but many haven’t had ...

Delhi ITAT partially allows Rohit Goel's appeal against ACIT, addressing unexplained cash deposits, out-of-book purchases, and assessing income based on bank ...

President Donald Trump’s One Big Beautiful Bill would cause the lowest earners to lose money and the highest earners to gain ...

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

NMZ operates as a CEF aiming to provide a diverse exposure to municipal securities that are exempt from federal income taxes.

PDT's portfolio emphasizes income-generating sectors like Financials and Utilities. Click here to read why I maintain my buy ...

New Tax Regime Income Tax Slab Rates for FY 2024-25 Those who are filing ITR for AY 2025-26 (FY2024-25), they will file their tax returns based on the tax slabs existed before February 1, 2025.

Five years ago – that is to say in the 2020-21 tax year – there were around 4.4 million people paying the higher rate of income tax. Around 433,000 of these also paid the additional rate.

The table below shows the number of people of state pension age (currently 66) or over who pay income tax at different rates for the period 2021/22 to 2025/26.

According to the OECD’s Taxing Wages 2025 report and Eurostat data, among EU countries, the UK, three EFTA members, and candidate country Turkey, personal income tax rate varied from 4.1% in ...

Members of the Missouri House debate legislation to exempt capital gains from the state income tax on May 7, 2025, at the state Capitol in Jefferson City, Missouri. Credit: AP Photo/David A. Lieb ...