From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...

A tax refund is a reimbursement to taxpayers who have overpaid their income taxes, and so the government sends the money back ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

The Union Cabinet last week cleared the new Income Tax bill. Sitharaman had indicated earlier that the bill will be sent to a ...

Kentucky Gov. Andy Beshear signed a bill into law which will reduce the personal income tax for millions of Kentuckians.

An individual must have also lived outside of the state for the entire calendar year prior to the first tax year in which a ...

Lawmakers want to eliminate Missouri’s income tax, but budget experts are concerned about how they would account for the ...

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 ...

Currently, the Income Tax Act refers to the year of earning taxable income as the ‘previous year’ and the year when the tax ...

In just seven months, the salaried class paid Rs100 billion, or 53%, more in the midst of a high cost of living with no ...

The proposed law replaces the term 'previous year' used in the Income Tax Act, 1961, with 'tax year.' Additionally, the ...

The proposed measure would replace the Working Families Tax Credit with a state version of the Earned Income Tax Credit.