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

Section 10 of the Income Tax Act, which previously outlined exemptions for various types of income, including agricultural ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

Ministry of Finance, through Notification No. 16/2025 dated February 12, 2025, has notified the Real Estate Regulatory Authority (RERA), Punjab, for tax exemption under Section 10 (46A) (b) of the ...

Also, note that employers are required to send employees their W-2 and 1099 income tax forms by the end of January. When is the deadline for filing a 2024 tax return with the IRS? The official ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

The Tax Cuts and Jobs Act ... 10% standard rate of return is below 13.125%, the law taxes these excess returns at 21%, after a 50% deduction and a deduction worth 37.5% of FDII. This excess ...

(Screenshot/WisEye) A Wisconsin Supreme Court justice who helped write Act 10 recused himself Thursday as the high court signaled it was preparing to take up a legal challenge to the 2011 law limiting ...

Tate Reeves in his Wednesday State-of-the-State Address strongly encouraged the Legislature to pass a law that abolishes the state income tax.

“Creating and selling a digital product is such a good way to earn passive income with very little upfront investment,” Shah said. She shared a real success story: “Tim who experimented with ...