The government plans to replace the 1961 law, aiming for clearer regulations and reduced compliance costs for taxpayers. The ...

Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have ...

An individual must have also lived outside of the state for the entire calendar year prior to the first tax year in which a ...

The new income tax bill would be almost half of the current law, as the existing Income Tax Act,1961 contained 880 pages when ...

It’s 2025, and with it come major tax law changes for LLC owners. It’s crucial to stay in compliance and understand the ...

President Donald Trump’s 2017 tax law capped the SALT deduction at $10,000. At the outset of his second presidency, raising ...

The Bill is expected to omit references to the old tax regime, officially making the new tax regime the default. However, ...

The Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and ...

SAN ANTONIO - A new state Senate bill has been introduced in Texas to provide expanded property tax relief for disabled ...

Australia's parliament has passed laws that would give production tax breaks for critical minerals and renewable hydrogen, in ...

India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...

The new Income Tax Bill refines tax law by enhancing clarity, reducing complexity, and improving compliance mechanisms. While ...