I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...

Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

HMRC is introducing a new 'simplified' tax system to make it easier for individuals to report income earned from selling on ...

TO BE ANSWERED ON MONDAY, MARCH 10, 2025/PHALGUNA 19, 1946 (SAKA) SIMPLIFICATION OF INCOME TAX BILL, 2025 1803. SHRI MUKESHKUMAR CHANDRAKAANT DALAL: Will the Minister of FINANCE be pleased to state: ...

Commerce secretary said President Trump wants to revamp the tax system, drop income taxes for people making less than $150K. How would that affect MS residents?

No income tax for those earning below $150,000. Commerce Secretary outlines the President's new tax initiative.

The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

The proposed new tax regime will be implemented from April 1, 2025. An income up to Rs 12,75,000 will be tax-free for ...

Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...

In Budget 2025, the threshold for lower tax rates has been increased to Rs 4 lakh (previously Rs 3 lakh), allowing ...

The financial year 2024-25 is about to close. Taxpayers can file their income tax return as per the existing new tax regime ...

Senior citizens are now eligible for a TDS exemption on interest income of up to Rs 1 lakh annually, marking a substantial ...