OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.
The Trump administration has ushered in a wave of tax changes which will cause significant updates to what Americans owe.
Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...
The income-tax slabs relevant for Assessment Year 2026-27 remain the same as those announced in Union Budget 2025.