The IRS has unveiled the updated tax brackets for the 2025 fiscal year, reflecting a 2.8% increase to align with inflation.
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
The middle class, often seen as the silent engine driving India’s economic growth, is finally at the center of fiscal relief.
Tax season is officially underway, and it’s important to understand how your income might impact your tax bracket. Yahoo ...
Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...
In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...
The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...
The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...
Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...