Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

Finance Minister Nirmala Sitharaman on Saturday said she is likely to introduce the new income tax bill, which will replace ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Donald ...

Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...

The main objective of the bill is to streamline and modernise India's tax system by simplifying legal language to ensure that ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.

Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...