India's tax revenue to grow 11% in next fiscal, Budget reveals
In the current fiscal, income from corporate taxes will lag budget estimates, while that from personal tax is projected to be ...
Union Budget 2025: Income tax basic exemption limit hiked by Rs 1 lakh in new tax regime; check details
Finance Minister Nirmala Sitharaman announced an increase in the basic income tax exemption limit from Rs 3 lakh to Rs 4 lakh ...
Income Tax Slabs and Rates: New Regime Vs Old Regime
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
Income Tax Slabs 2025: No income tax upto Rs 12 lakhs, check new slab rates here
Check the key income tax changes in Budget 2025, including revised tax slabs, updated standard deduction limits, and major tax policy announcements impacting taxpayers.
India offers middle-class tax relief to support growth; targets narrower budget gap
India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said ...
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Pennsylvania Doubles its Corporate Net Operating Loss Deduction
CPAs need to be aware of current tax developments impacting all state and local tax jurisdictions in order to properly advise ...
From capex to cash in people’s hands: FM Sitharaman unveils tax relief for middle class, fuels consumption boost
Finance Minister Nirmala Sitharaman unveils middle-class-friendly Budget with significant tax cuts and strategic reforms for ...
Income Tax Slabs Budget 2025 Live: No income tax up to Rs 12 lakh income! 30% tax slab now after Rs 24 lakh - big income tax relief for middle class
Finance Minister Sitharaman announced a substantial tax benefit, ensuring that individuals earning up to Rs 12 lakh annually ...
Will the 30% tax slab be removed for taxpayers in India in Budget 2025? What changes can New Tax Regime see
The government has been talking about simplifying the tax structure to make it easier for taxpayers. Eliminating the 30% tax ...
Tax-Union Budget 2025: All eyes on Direct Tax Code that may replace Income Tax Act, 1961 today -- all eyes on FM Sitharaman
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and cut the Income Tax Act, 1961's page-count by as much as 60 per cent.
Is a simpler income tax system coming this Budget?
Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws. But what do we know so far?
Stitt renews call for income tax cut, wants Legislature to eventually eliminate it
Gov. Kevin Stitt issued a renewed call on Wednesday for lawmakers to reduce the state’s income tax by 0.5% and create a ...