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

These amendments aim to eliminate ambiguity and ensure uniformity in calculating the limitation period for tax proceedings. Most of the changes will take effect from April 1, 2025, while some ...

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

The Finance Minister has adjusted tax slabs for the middle class in the new tax regime, offering greater savings and tax ...

The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...

Tax season is underway, and the IRS expects 140 million people will file returns by April 15. Here's what to know.

Section 194 of the Income-tax Act mandates that Indian companies must deduct 10% income tax on dividends paid to shareholders who are residents in India, before making any payment. The first proviso ...

After Finance Minister Nirmala Sitharaman presented the 2025-26 Union Budget in the Lok Sabha on Saturday, it is prudent to learn about the basics of the annual set of documents outlining an ...

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

Fifteen out of the 31 new-age tech stocks under Inc42’s coverage gained in a range of 0.50% to over 30% this week ...

Federal efforts to rein in spending may clash with priorities in Michigan, where 4 out of every 10 budget dollars are sent ...

India slashed personal tax rates in its annual budget on Saturday, as the world's fifth largest economy focuses on boosting domestic demand amid uncertainty over the global economic outlook due to ...