The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
Income up to Rs 12.75 lakh is tax-free under the new tax regime for FY 2025-26, thanks to enhanced rebates and deductions — ...
The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all taxpayers. A hike in the income tax basic exemption limit means all ...
According to the MOTN survey, 27% expect household income to improve, while 31% foresee a decline. On tax exemptions, 44% see ...
As tax season approaches, it's essential to determine whether you're required to file a tax return. While most U.S. residents ...
Both the old and new tax regimes for individuals and Hindu Undivided Families (HUFs) will be retained, allowing taxpayers to ...
Georgia lawmakers might exempt college athletes' NIL deals from state income tax. Former Alabama coach Nick Saban had a role ...
"By virtue of the rebate only taxpayers with incomes up to Rs 12 lakh under the new regime would not have to pay any tax ...
The new memo clarifies a footnote in a Jan. 27 Office of Management and Budget announcement that said agencies should ...
Democrats worry about impact on state services while Republicans promote the tax exemption as a boost to Missouri's economic ...
TOPEKA — State and federal lawmakers from Kansas convened Monday at the Celtic Fox pub to celebrate legislation to exempt ...
New Income Tax Bill 2025: According to Sanjiv Sanghvi, Partner at Khaitan & Co, “One interesting feature of the Bill is that some of key provisions like TDS/TCS or exempt income are summarised ...