Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...

The Income-Tax Department's internal committee has received suggestions to simplify and restructure the old tax law, ...

The existing provisions of section 275 of the Act, inter-alia, provide for the bar of limitation for imposing penalties. Section 275 of the Act is having multiple timelines for imposition of penalties ...

Vide Finance (No. 2) Act, 2024, the concept of block assessment was introduced by amending provisions of Chapter XIV-B (sections 158B to 158BI of the Act) to be made applicable where a search under ...

India announced a series of budget measures, including major investments in agriculture, manufacturing, infrastructure, and ...

Gov. Kevin Stitt is expected to push tax cuts despite lower revenue and state agencies' requests for $200 million to 300 ...

Vanishing ARPA funds will test Gov. Ned Lamont’s commitment to budget ‘guardrails' as lawmakers seek more funds for Medicaid ...

The tariffs if sustained could cause inflation to significantly worsen, possibly eroding voters' trust that Trump could as ...

The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines.

'Barron's Roundtable' panel takes a closer look at what investors need to know about Chinese AI company. According to the ...

Republicans will attempt a tax and spending bill that will not require substantial budget cuts, but there may be serious math problems ahead.

Trump later rolled out plans to abolish federal taxes on overtime and Social Security benefits — along with a variety of other reforms, such as scrapping the $10,000 cap on the amount of state and ...