As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...
House GOP panel passes budget blueprint with $4.5 trillion in tax cuts and steep spending reductions
The Republican-led Budget Committee approved a sweeping proposal to unlock Trump's agenda, sending it to the full House.
Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?
This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to ...
In the Budget 2025, there have been new income tax slabs introduced in the new tax system. Finance Minister Nirmala ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
Government has foregone more revenue benefiting Individuals/HUFs than corporates, says FM Sitharaman
Countering Opposition barbs about being a ‘suit-boot ki sarkar’, the government on Monday informed the Lok Sabha that the ...
Before switching to the new tax regime, it's essential to weigh the pros and drawbacks. Indian taxpayers’ disposable incomes ...
Live: Union finance minister Nirmala Sitharaman presented the first full budget of Modi government 3.0. Sitharaman announced ...
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