As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

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

Going without insurance hurt all low-income Americans. But studies suggest the drop in Black Americans’ coverage under Trump’s plan outpaced that of white Americans. The rate of uninsured Black ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.

As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

Republican Lt. Gov. Delbert Hosemann on Wednesday unveiled a $326 million tax cut package that reduces the state income tax ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...

Ken and Rick love the word "free," especially when it describes the price of income tax preparation. Today's article ...