The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

If you’re a single filer in the 22 percent tax bracket, that would cut your federal income tax bill by $990. Remember, this applies to a traditional IRA or 401(k). Retirement contributions to a Roth ...

In the Budget 2025, there have been new income tax slabs introduced in the new tax system. Finance Minister Nirmala ...

Entrepreneur Ryan Hogue says that AI and automation tools have helped make it possible for him to run and scale his business entirely on his own.

Your home and personal loan EMIs are set to come down with the RBI governor Sanjay Malhotra announcing a 25 ba ...

Finally, you can make an estimation using a little math. Each quarter, add up your actual income, multiply it by four (this ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

The government on Saturday said the old tax regime will continue. But with the changes announced in Budget 2025, does it ...