Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments under this regime. It means if income exceeds Rs 12.75 lakh in FY 2025-26, tax ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

Finance Minister Nirmala Sitharaman has increased the tax rebate for individual taxpayers to Rs 12 lakh from the upcoming ...

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 ...

So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal ...

Maryland’s Gov. Wes Moore put forward a tax reform plan that would make the tax system fairer, simpler, and better able to ...

The government plans to introduce a new income tax bill in the upcoming Budget session, simplifying the existing law by reducing its length by 60% The government, in the ensuing Budget session of ...

Budget 2025 Expectations Latest News Today (January 17): The most critical aspect of the budget will be any announcement regarding the income tax rebate. Budget 2025 Expectations Latest News Today ...

The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number ...