The government has withdrawn the Income Tax Bill 2025 and will present a new draft in Parliament on Monday. Based on Select ...

The Finance Act, 2025, introduces new tax slabs and a higher rebate threshold for salaried individuals. This summary explains ...

Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...

If you decide to opt for the new tax regime under Section 115BAC, you should look at your income profile, available ...

Since the reimbursements were taxed at the withholding stage and a tax was deducted at source by the employer, you may ...

Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief. Old regime remains ...

For married couples, the income cap is $300,000, and they must file a joint tax return to claim any tax on tip exemption. When does no tax on tips start?

The good news is that most states don’t tax Social Security income. A small number of states also simply don’t charge any income tax. Four states exempt most retirement income from state-level ...

That deduction -- meaning you don't pay tax on that amount -- could be seen as offsetting the tax on Social Security benefits, but that's just mental accounting.

Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how Americans approach tax planning.

Shortly before midnight, Ohio Gov. Mike DeWine signed the state's two-year budget, including an income tax cut for high earners and $600 million for the Cleveland Browns' new domed stadium.