CBDT Chairman Ravi Agrawal the motivation behind the rejig of the tax slabs was to provide substantial relief to the middle ...

Finance Minister announced significant tax cuts, raising the exemption limit to Rs 12 lakh, prompting many taxpayers to adopt ...

The Supreme Court newly empowered the judiciary in reviewing agency regulations. What difference will it make for the tax ...

Budget 2025 has raised the threshold for tax deducted at source and removed conditions on declaring a second house as self-occupied for tax purposes. The changes on TDS will benefit senior citizens.

During the presentation of the Union Budget 2025, Finance Minister Nirmala Sitharaman announced that a new income tax bill ...

but the new approach, if implemented, would encourage states to contribute more to the national revenue pool. He pointed out that the main intent of VAT as a consumption tax is not to deprive any ...

Nigerian governors have expressed their support for the tax reform bills initiated by the federal government, proposing a new sharing formula for value-added tax, VAT. This is coming after meeting ...

Spanish Prime Minister Pedro Sanchez said the “unprecedented” new tax was needed to solve the country’s housing crisis. In recent years, rents have skyrocketed in Airbnb-dominated cities ...

The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table. Thomas is a native of upstate New York ...

Also, the Budget should focus on simplification of Income Tax Return (ITR) forms ... the old tax regime which offers benefit of deductions and exemptions, or under the new tax regime which ...

A large swath of New Yorkers could benefit from a major tax cut aimed at middle-class workers, but is it too good to be true? Gov. Kathy Hochul pledged a middle-class tax cut that would deliver ...

But there was scepticism about whether the new General Secretary will be able to manage a much broader mandate. Many doubted the ability of a policeman to keep order in the ruling Party, run a ...