India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which ...
Australia passes tax incentives law for critical minerals
Australia's parliament has passed laws that would give production tax breaks for critical minerals and renewable hydrogen, in ...
New Income Tax Law: Small business owners & professionals set to get relief, says sources
The New Income Tax Bill—or the new direct tax code—is part of the Narendra Modi administration’s ambitious goal of ...
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Income Tax Bill 2025: How is the new tax law different from the old one?
Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have ...
These Forgotten Tax Credits Could Save You More Than You Think
The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...
New Income Tax law explained: No new taxes, simple read for common man
The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...
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New Income Tax Bill: How is the new tax law different from the old one
The new Income Tax Bill refines tax law by enhancing clarity, reducing complexity, and improving compliance mechanisms. While ...
Republicans weigh ending Wall Street’s favorite tax break
Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...
Govt to replace 1961 Income Tax Law with New Income Tax Bill from April 2026
The Bill is expected to omit references to the old tax regime, officially making the new tax regime the default. However, ...
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21 Tax Laws Changes Congress Should Make - But Probably Won't... Or Maybe Not
President Trump's Tax Cuts and Job Act launched unprecedented prosperity and entrepreneurism for a majority of Americans, and ...
IRS Now Makes International Tax Noncompliance Penalties Harder To Escape
New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA ...
What Is SALT, the Tax Deduction Dividing Congress?
For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state and local governments from their taxable income. This federal deduction for ...