A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

The likelihood of Trump eliminating income tax and the IRS remains low, but the ongoing debate highlights the need for tax ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

The government is set to overhaul India's tax system with the introduction of the Direct Tax Code (DTC), aimed at simplifying compliance, reducing ambiguities, and boosting digital integration. While ...

With state governments handing out freebies to the poor leading to despondency in the middle-class, it was assumed that ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is ...

President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.