The new Income Tax Bill will replace the Income Tax Act. However, not many people are able to understand how the new tax bill ...

India follows a progressive tax system, meaning your tax rate increases as your income rises. To simplify, income is divided into different slabs, each attracting a specific tax rate. Here’s how the ...

Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...

As India moves closer to a major tax overhaul, the new Income-Tax Bill 2025 seeks to simplify the tax structure and to make it more transparent, efficient, and business-friendly. Expected to be tabled ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard deduction for 2025. Depending on your income level, that means your ...

Did you know about these deductions? Tax experts say most people miss them, but don’t make that same mistake. Here’s how to get the most money back.

This year will be a pivotal year for tax policy and will have far-reaching consequences for our economy and democracy. It is important that the people understand what is at stake. This Tax Justice and ...

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...