The proposed income tax bill seeks to simplify and revamp the Income Tax Act of 1961, which has often been criticised for its ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

The new bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax ...

All eyes would be on FM Nirmala Sitharaman as she is expected to reply to the Union Budget debate at 4 pm today.

Union Finance Minister Nirmala Sitharaman presenting the Union Budget in Parliament (Photo: PTI) Parliament Budget Session ...

The Union Cabinet chaired by Prime Minister Modi, is expected to greenlight the new income tax bill during its meeting on ...

Prime Minister Narendra Modi on Sunday refuted claims the Aam Aadmi Party's claims of slums being demolished in Delhi.

Trump said a levy of 25% on Canadian and Mexican imports as well as an additional 10% tax on Chinese goods would ... She instructed her economy minister to respond with tariff and non-tariff ...

Bhubaneswar: Union finance minister Nirmala Sitharaman's announcement of income tax relief up to Rs 12 lakh has brought cheers for the middle class. While the internet is flooded with memes ...

Finance Minister Nirmala Sitharaman announced that taxpayers with salaries up to Rs 12 lakh would not be required to pay tax in the new tax regime. Sitharaman also proposed changes in the slab ...

The Finance Minister's announcement on tax relief means that the salaried class will pay nil income tax up to Rs 12.75 lakh. Opposition parties slammed the Budget, saying it was silent on the the ...