It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...

The most recent inflation rate, announced for December 2024, stands at 2.5 per cent, a slight decrease from November's 2.6 ...

Union Finance Minister Nirmala Sitharaman will present her eighth straight budget on Saturday. From tax relief and job ...

This Article covers the aspect of taxation regime for cryptocurrency in the light of the widespread use and tensions arising because of lack of regulations for the same. Recently, cryptocurrencies ...

Digitalization in the 21st century brought with it several challenges to the rules for taxing international business income, ...

Experts urge the government to increase the basic tax exemption limit under the New Tax Regime to Rs 10 lakh in Budget 2025, ...

The Indian government will stick to borrowing and spending targets it touted six months ago in its Feb. 1 budget despite a sharp economic slowdown, a Reuters poll of economists found, putting the onus ...

The capital gains tax exclusion for primary residences hasn’t changed since 1997. The dramatic gains in home values mean this ...

Gov. Janet Mills is proposing a slate of tax increases and program changes to balance the next two-year budget, something required by the state's constitution. The budget proposal reflects a new ...

According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Not only is there no income tax in the Last Frontier, but also state law exempts the first $150,000 of assessed property value from property taxes for adults 65 and older. Its effective property tax ...