The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

Hoosier House Republicans on Thursday approved legislation incentivizing nuclear power development — despite potential risks ...

If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...

Despite announcing that no income tax needs to be paid up to ... to Rs 12 lakh in the Union Budget 2025. Due to the change in ‘nil tax’ and other slabs, the government is expecting to forgo ...

In the next 64 years, the Income Tax Act has undergone a flurry of changes almost every year. From tweaks in the tax rates to the introduction of new provisions; from bringing a new exemption to t ...

Budget 2025: Union Finance Minister Nirmala Sitharaman on Saturday announced during the Budget 2025 that no income tax will be paid on earnings up to Rs 12 lakh, or up to Rs 12.75 lakh ...

Tax calculation: In Budget 2025, the Finance Minister announced that no income tax is payable up to an annual income of Rs 12 lakh, providing a tax rebate for individuals earning up to this amount.

The council said no decision had yet been made but it has come up with a figure which is being included as part of its plans ...

Nine of these states cut their individual income tax rates for 2025. The most significant change is in Iowa, which had an individual income tax rate of 5.70% in 2024 and now has a rate of 3.80% for ...

Income Tax Slabs | Budget 2025 LIVE: “There is an interesting change to the income tax law with respect to foreign companies branch taxation (typically to cover entities from Taiwan/ US).