Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

Government provided data on India’s household savings, liabilities, and measures for the middle class. According to the Reserve Bank of India (RBI), per capita household financial liabilities ...

The Indian government refutes claims that GST complexities hinder business operations, stating that the tax structure follows GST Council recommendations, comprising four main slabs—5%, 12%, 18%, and ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?

Over Rs 1.88 lakh crore in GST evasion was detected by Central GST officers between April and December 2024, with 132 arrests ...

Union Finance Minister Nirmala Sitharaman presenting the Union Budget in Parliament (Photo: PTI) Parliament Budget Session ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Budget 2025 sets the direction on crucial aspects of the economy. But now it needs to speed up implementation, further ease ...