To date, over 50 countries implement the Organisation for Economic Cooperation and Development's (OECD) base erosion and ...
Donald Trump has once again stirred the debate on tax policy, recently advocating for eliminating income tax and returning to a tariff-based revenue system. "We're going back to the old days. No ...
Benjamin Franklin coined the saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and has a tax ...
India is on the cusp of a landmark tax reform wave. The Income-Tax (No. 2) Bill, 2025, passed by the Lok Sabha on August 11, 2025, builds on the earlier draft introduced in February. Following an ...
Is Trump getting rid of the income tax? President Donald Trump says tariffs could eliminate income taxes for most Americans. Economists disagree, but Trump is adamant that his tariff policy could wipe ...
The deadline for filing the Income Tax Return (ITR) is now just 13 days away. So far this year, about 4.26 crore taxpayers have filed ITR and around 4.05 crore returns have been verified. Of these ...
income tax: According to a report by JM Financial Institutional Securities, Personal income tax collections have surpassed corporate taxes for the first time in India’s history. Income tax news: ...
For many people, local income tax shows up as a small line on every paycheck—but figuring out how those dollars are calculated can be confusing. The rules can get tricky, especially if you live in one ...
Income tax is charged on most types of income but tax allowances protect some from the taxman. Following the end of the tax year, which falls on 5 April each year, we look at the income tax rates and ...
A pitch to shore up Colorado’s Medicaid program and schools by ramping up taxes on the state’s wealthiest residents will likely go to voters next year under a proposal announced Wednesday morning by a ...
WASHINGTON (AP) — Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration’s preliminary list of occupations not required to pay income tax on their ...