Trump said he will fulfill his campaign promise to end taxes on Social Security benefit income. A new report found that will ...

Martin Lewis has warned that anyone earning over £10,000 needs to act now or risk missing out on what is essentially a free ...

Income tax department has launched the new utility to enable taxpayers find the relevant provision in New Income Tax bill by ...

The new bill aims to simplify tax provisions with clearer language, reducing its length and eliminating redundant sections ...

The objective of the new Bill is to streamline the Income Tax Act, making it more succinct, understandable, and user-friendly ...

Simplified Income Tax Bill brings in 'tax year' concept; omits 'previous year', obsolete clauses (Eds: Updating with details) ...

Alabama was one of the first states to enact legislation allowing student-athletes to profit from their name, image and ...

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states ...

In Capital Property Consultants Vs ACIT, the Delhi High Court dealt with the issuance of multiple notices under Section 148A(b) of the Income Tax Act, 1961, highlighting procedural lapses by the ...

you can simply deduct a certain amount from your taxable income and be done. For the 2025 season, the standard deduction is as follows: If the standard deduction seems high—it is! It nearly doubled as ...

Andy Beshear signed a bill into law Thursday that will reduce Kentucky’s individual income tax, expressing confidence that economic growth will offset the loss in revenue. The measure, which will ...