To start with, the new tax laws place you in the 'doing okay' pool if your monthly earnings are N1m or above, so would you be ...

Nearly 150 new Florida laws went into effect on July 1 after Gov. Ron DeSantis signed 11 more the day before. Here is what ...

Good morning, everyone and to those joining us from Washington and good evening to those who are joining us from Sri Lanka and Asia.

(MENAFN - KNN India) New Delhi, May 16 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT) has approved income tax exemptions for 187 startups under the revamped Section 80 ...

Under the new tax regime, taxpayers need to pay 0 tax if their income is up to Rs 12 lakh per annum. The government has also provided marginal relief if your income is less than Rs 12.75 lakh. However ...

The standard deduction under the new tax regime has been increased to Rs 75,000 from Rs 50,000, effective FY 2025-26. In the old regime, the standard deduction is still at Rs 50,000.

Billionaires like President Donald Trump and Elon Musk could save billions under Republican tax proposals recently advanced by Congress. Learn More: Trump Wants To Eliminate Income Taxes: 10 States ...

Brazil's government will propose a 10% tax on corporate profits and dividends sent abroad to help offset revenue lost from an expanded tax exemption for individuals with lower incomes, two sources ...

Understanding New Tax Regime of 2025 The income tax is a direct tax that follows a progressive slab rate, meaning the tax rate increases as a taxpayer’s income rises. The Income-tax Act, 1961 provides ...

The new Income Tax Bill has been tabled in Parliament today. The new Income Tax bill, effective from April 1, 2026, will replace the current Income Tax Act 1961. The new bill aims to simplify the ...

Rebate under New Tax Regime In the Budget 2023-24, the Government introduced a revised income tax rebate in the new tax regime. This will enable resident individuals with a total income of up to ...