New income tax bill likely to be tabled soon in Parliament. Will it introduce new taxes?
The Direct Tax Code was announced in the Budget 2025 by Union finance minister Nirmala Sitharaman on February 1 ...
Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
Tax Guru4 天
Income Tax Rates for AY 2025-26 and 2026-27
The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...
Income Tax Slabs 2025: No income tax upto Rs 12 lakhs, check new income tax regime AY 2025 ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
New income tax bill expected to be approved by Cabinet tomorrow, tabled in parliament next week
Once the new income tax bill, which Union Finance Minister Nirmala Sitharaman had mentioned while delivering the Budget ...
IT-BT Budget Round Table 2025: Unprecedented budget tax reliefs to help 99% of tax payers ...
Migration to the new tax regime to gain further pace; new IT Act to ease tax filing and compliance, they say at India ...
IRS Income Tax Refund Schedule 2025: When could you expect a check depending on when you file?
The 2025 tax season is officially underway, with the IRS accepting 2024 tax returns as of January 18. If you're wondering ...
Tax Guru5 天
Budget 2025 Income Tax Slabs and Rates Explained
Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...
India Today on MSN5 天
Changes in income tax rates, slabs in Budget. This is how you stand to gain
Finance Minister Nirmala Sitharaman overhauled income tax rates and slabs in Budget 2025-26 to bring relief to the salaried ...