The flat tax rate contributed to an additional increase in GDP per capita, had a positive impact on broadening the middle ...

Too few citizens are expected to contribute too much to the tax coffers. Yet, the political courage needed to even out a ...

Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

May 4, 2022 The Supreme Court of India, in this case addressed the issue of reassessment notices issued under Section 148 of the Income Tax Act, 1961 in light of the amendments introduced by the ...

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and ...

The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...

The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha ...

Workers putting in extra hours will be rewarded under Trump’s proposal, which seeks to exempt overtime pay from taxation, ...

The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.

Apple has announced updates to its App Store pricing and taxes for developers across different regions, with some changes ...