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

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

No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

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

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

Finance Minister Nirmala Sitharaman introduces new Income Tax Bill, simplifying language, eliminating redundant provisions, ...

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

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

The current Income-tax Act was enacted in 1961 and came into existence with effect from April 1, 1962. It has been amended ...

The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better ...

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 ...