The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...

The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a ...

Simplification: The provisions under the Income Tax Bill, 2025, have clearer language and cater to modern work scenarios, ...

The new Income Tax Bill, 2025 aims to simplify language, reduce litigation, and lower compliance burdens. It introduces ...

As tax season approaches, it's essential to determine whether you're required to file a tax return. While most U.S. residents ...

Auto dealerships employ a wide range of workers and often maintain a variety of complex pay plans, which can make compliance with federal wage ...

Perquisites and Profits in Lieu of Salary are important components of taxable income under the Income Tax Act of 1961. These ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...