Sitharaman emphasised that the revision was designed not just for one income group, but for salaried individuals across various income levels.

India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen.   ...

The government's aim in this Budget was to provide support to the middle class, Finance Minister Nirmala Sitharaman told NDTV ...

Finance Bill 2025 introduces several changes to the block assessment provisions under Chapter XIV-B of the Income-tax Act, 1961, which govern search and requisition cases. The block period is defined ...

If AAP’s ‘middle-class manifesto’ pushed the BJP-led Centre with big demands, the Budget took several strides to assure this ...

Wall Street rallies around Trump 2.0. Past performance is one of the reasons the stock market responded so positively to ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.

The IRS announced the official start date for tax filing season is Monday, Jan. 27, 2025, for those who like to get an early ...

India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...

Every year in January, the IRS dedicates a day to Earned Income Tax Credit (EITC) awareness. This tax credit, also known as the earned income credit (EIC) allows eligible people with low-to ...