Sen. Chris Gildon, the upper chamber’s Republican budget lead, has been adamant that the budget can be balanced without ...

Through all sorts of dodges, congressional Republicans pretend they have no evil designs on the popular health-care program.

The revisions introduced under the new tax regime aim to make the new regime easier, cut down on paperwork, and minimise the ...

As the financial year 2025-26 begins, taxpayers must choose between the two income tax regimes when they file their income ...

Sabotaging the agency’s work amounts to an inducement for the ultra-rich to treat taxes as a voluntary contribution.

If the differential is much larger, it makes more sense to apply it to your highest rate debt.If your refund reduces but does not eliminate your credit card debt, see if you qualify for a ...

Seven in ten Americans now say they are either very or somewhat concerned about the president’s import tax plan.

Confusion over President Donald Trump's tariffs remains following a weekend of questions around trade in consumer electronics ...

If they can claim more than the breakeven level of deductions, then old tax regime would be favourable and if they can claim less than the breakeven level, then the new tax regime would be favourable.

Previously, UPSC has asked questions on various aspects of taxation in the Indian economy. Thus, knowing about the new tax regime, basic concepts of taxation and the New Income Tax Bill, 2025, becomes ...

Old Vs New Tax Regime Comparison: New tax slabs in the New Tax Regime as announced in the Union Budget 2025 have become effective from April 01, the beginning of the new financial year 2025-26. There ...