Homeowners are rightfully concerned that tax refunds may be delayed due to the government shutdown—but that might not be the problem.
Every year, one of the main components of the Budget presentation is the income tax, as taxpayers keenly watch for changes in the s.
Finance Minister Nirmala Sitharaman presented the Union Budget 2026 on Sunday, February 1. She announced that the income tax slabs for individuals will remain unchanged. This means people will pay ...
The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.
The introduction of the New Tax Regime, with lower rates but significantly fewer exemptions, has revived public debate about ...
Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on February 1. With nil tax up to Rs 12.75 lakh already in place, taxpayers are ...
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.
Get More information on New Tax Regime including breaking news and opinion. Check News articles, photos, videos of New Tax ...
Standard Deduction EXPLAINED: When it comes to understanding your income tax liability in India, one simple and often overlooked tool that can significantly reduce your tax payable is the standard ...
Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.
Under Finance Minister Nirmala Sitharaman, the union budgets from 2019 emphasized structural reforms, such as boosting ...