For the Financial Year 2025-26, if your annual income is Rs 12,89,000, marginal tax relief will apply for you. But will you be taxed on your entire income or just on Rs 14,000. See your income tax calculation!

President Donald Trump signed into law a sweeping tax and spending package that significantly raises the federal excise tax on Harvard’s endowment income on Friday — a move that could cost the University more than $200 million a year.

Gov. Mike DeWine has appointed co-chairs for a property tax reform work group and set a Sept. 30 deadline to “issue a report with concrete proposals that will provide meaningful tax relief.”

Understand ITR filing requirements for salaried individuals, including applicability, forms, deductions, tax regimes, and a step-by-step guide for AY

WASHINGTON, June 29 (Reuters) - U.S. Senate Republicans pushed President Donald Trump's sweeping tax cut and spending bill forward on Sunday in a marathon weekend session even as a nonpartisan forecaster said it would add an estimated $3.3 trillion to the nation's debt over a decade.

Taxpayers always seek new ways to save tax. Whether they follow the old tax regime or the new, for the income earned in the Financial Year 2025-26, they will look for a number of ways to reduce their tax liability in the old and new tax regimes.