The essence of the Bill remains the same and the existing tax base, tax rates, computation mechanism etc. have been largely ...

There's usually no tax withholding on their retirement account withdrawals, so many actually owe the IRS money at tax time.

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

The IRS released a revenue ruling detailing the various prescribed rates for federal income tax purposes for March 2025. Table 1 contains the short-term, mid-term, and long-term applicable federal ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

Union Finance Minister Nirmala Sitharaman on Thursday introduced the new Income Tax Bill in Lok Sabha.  After presenting the ...

Kenya’s Treasury is considering using existing tax rates to finance the 2025/2026 budget, signaling a move to sustain revenue ...

The government on Thursday tabled the New Income Tax Bill, 2025, which aims to simplify tax laws, modernize definitions, and ...

The Simplified Income Tax Bill 2025, introduced by Finance Minister Nirmala Sitharaman, will replace the outdated Income Tax ...

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

Gov. JB Pritzker has proposed growing spending by about $2 billion without new income or service taxes in the upcoming fiscal ...