With its focus on clarity and simplicity, the new Bill will lead to a more accessible and responsible tax system ...

Sharjah: Sharjah has introduced a 20 per cent tax on the tax base of companies involved in extracting and processing natural ...

To promote infrastructure development, section 80IA was brought into Income-tax Act, 1961. Sections 80HHE, 10A and 10AA were ...

Finance Minister Nirmala Sitharaman presented the New Income Tax Bill 2025 in Lok Sabha, aiming to replace the 64-year-old l ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Universal Credit is a payment to help with your living costs and can be claimed by people who are on a low income or out of ...

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 ...

New Income Tax Bill is expected to come into effect on April 1, 2026. The bill aims to simplify tax laws, remove outdated provisions, and make compliance easier for taxpayers.

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

Islamabad Bench-I has drafted a structured procedural framework for tax authorities to follow when initiating proceedings ...

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 ...