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

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

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 ...

Texas lawmakers are considering a major increase in the business personal property tax exemption—from $2,500 to $250,000—as ...

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

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

The big tax-and-spending bill in Congress would introduce certainty when it comes to death and taxes.

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 ...

Taxable income: Exemptions, deductible expenses, and losses are subtracted from the gross income. Tax due: Taxable income multiplied by tax rate (5 percent).

Gov. Ron DeSantis on Monday signed a $1.6 billion tax-cut package that is dominated by eliminating a commercial-lease tax and ...