The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament on Saturday. She announced no income tax on ...

The Finance Bill 2025 proposes amendments to clarify the taxation of Unit Linked Insurance Policies (ULIPs). Under Section 10(10D) of the Income-tax Act, exemption on life insurance proceeds is ...

1. Aforesaid appeal by assessee for Assessment Year (AY) 2018-19 arises out of the order of learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT (A)] dated ...

The dollar amount that people will see will vary significantly. The recovery rebate credit amounted to up to $1,400 per ...

Buoyant personal income tax revenue allows tax relief in FY26 budget, according to finance secretary Tuhin Kanta Pandey.

The Income Tax Dept is sending SMS to taxpayers who donated to political parties and had claimed section 80GGC deduction.

Section 80GGC allows taxpayers to claim deductions for contributions made to eligible political parties and electoral trusts. This deduction aims to encourage political funding.

The Budget documents make disclosures about the govt’s off-Budget borrowings. It contributes to fiscal transparency and ...

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

For income between £12,571 and £50,270, you must pay the basic rate of 20 per cent tax. Above this, people must pay 40 per ...

If India fails to achieve the required growth in the next 22 years, an ageing, slowing population growth will rob it of ...