After November 2025, agricultural land cannot be purchased for claiming tax benefits. NRIs must utilize capital gains for new ...

Section 54 applies when the capital gain arises from the sale of a residential house, whereas Section 54F is available on the ...

The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.

Some people are paying two council tax bills and there have now been calls for the government department headed by Angela ...

President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and ...

For states with an estate tax, the rates vary depending on the specific laws there. However, "18% is the federally mandated ...

It is not mandatory to file an ITR if your income falls below the exemption limit, but filing it can help you earn rewards in ...

The Union Budget 2025–26 has introduced a notable increase in the basic income tax exemption limit and has redrawn the ...

President Donald Trump signed the so-called One Big Beautiful Bill (OBBB) into law Friday, a budget that will have ...

Solomon Adeola, chairman of the senate committee on appropriations, says Nigerians earning N800,000 or less annually will no ...

Your tax filing could look dramatically different after 2025 if new legislation passes. The bill would maintain lower tax rates but permanently eliminate personal exemptions and restrict mortgage ...

Sikkim is India’s only state where native residents pay zero income tax, even on crores. This unique exemption is backed by ...