New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...

From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...

Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one ...

Explains the shift from Assessment Year to Tax Year, simplifying compliance and reporting. Takeaway: Taxpayers can now file for the same year income is ...

To simplify tax law and make it more precise and technology-ready, the Government of India decided to overhaul the existing ...

(The Center Square) – Every state that implemented an individual income tax since 1960 had both its gross domestic product and total tax revenue decline, Dr. Arthur B. Laffer of The Laffer Center told ...

Children aged 5 years old who were receiving kindergarten tuition fee and daycare cost reduction benefits will now include ...

Tax-Cruncher is a new open-source project for analyzing how tax policy affects taxpayer finances and incentives. Tax-Cruncher allows policymakers, researchers, and everyday taxpayers to analyze how ...

Accountancy firm Wbg has advised landlords to anticipate the introduction of a higher income tax regime for property income ...

This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...

This Article describes the basic federal income tax considerations relevant to the issuance of high-yield securities in the form of debt and preferred stock. In the case of debt securities, these ...