Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.

Budget 2025 provided tax relief for taxpayers, but the government also maintained its fiscal deficit target at 4.4% of GDP.

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher exemptions to simplified compliance, the reforms aim to boost savings, investment, ...

The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income from other sources’ like earlier ...

There’s a shift in emphasis from building infrastructure to stoking consumption, but this doesn’t solve the country’s basic problems. When, for example, will governments ‘get out of the way’?

By aligning tax policies, enhancing operational flexibility, and creating incentives for foreign investments, the bill ...

Tax collections in West Virginia for the first month of the second half of fiscal year 2025 came in below estimates for the ...

Raymond James is seeing a beneficial shift to advisory as well as recovering M&A activity, which may continue. Read why I ...

Lawyers say they are working “flat out” for non-doms who need to restructure their tax affairs because they plan to stay in the UK, despite the abolition of their special status. “The people who are ...

Cleveland City Council approved agreeing to the Job Creation Income Tax Incentive Program with Canon Healthcare USA.

Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...