As Budget 2025 nears, experts anticipate a possible hike in the standard deduction for salaried individuals and pensioners, ...

This year, with the new Direct Tax Code set to be unveiled in the upcoming Union Budget, there is a unique opportunity to ...

A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax ...

Budget 2025: udget 2025 is expected to address taxpayers' concerns over the dual tax regime system, with experts advocating ...

Even if your salary didn't change, you might have dropped into a lower tax bracket in 2025, reducing your tax rate. So you ...

With FM set to table the Budget 2025, tax experts and stakeholders remain optimistic of major changes in the tax regime, ...

The global tax deal prevents a "race to the bottom" on corporate income tax rates around the world. President Trump pulled ...

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

An amended tax return is a form you can submit to the IRS to fix a mistake on a previously submitted tax return. The specific ...

The Income Tax Act review—announced on July 23—was supposed to be completed in six months, which ended on January 23. Can we ...