India's new income tax bill proposes broad access to taxpayers' devices, social media accounts
India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...
Hosted on MSN8d
New Income Tax Bill 2025 PDF: Here's Quick Access To Official Link, Top Highlights For You
The much-anticipated Income Tax Bill, 2025, was introduced in Parliament today, marking a major effort to streamline the ...
Hindustan Times24d
Budget 2025: Why the government is reluctant to reduce personal income tax
Personal income tax provides significant and steady revenues to the government. Its collection exceeds the government's revenues from taxes on the profits of corporations.(PTI) The new tax regime ...
Deccan Chronicle14d
New Income Tax Bill to Simplify Compliance
The government is making its all-out effort to bring simplicity to the taxpayers with the new income tax bill and also announced that it will be 50 per cent less in text and clearer compared to ...
Indiatimes29d
Government to move new income tax bill in Budget session
The new law will replace the 63-year-old Income Tax Act. The bill will be introduced and potentially tweaked based on feedback from taxpayers and experts.
foxbaltimore27d
Experts warn Gov. Moore's tax plan may drive Marylanders to flee to surrounding states
DUNDALK, Md. (WBFF) — Gov. Wes Moore’s budget proposal could elevate the personal income tax rate for the state’s highest earners to one of the highest in the region, a recent policy study ...
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of ...
The Financial Express24d
Trump hints at ending income tax, ‘We should tax foreign nations to enrich our citizens’
President Donald Trump on Monday proposed abolishing income tax for American citizens, aiming to increase disposable income for families and individuals. In a bold move to reshape the U.S. tax ...
Income Tax Bill 2025: I-T department launches self-mapping tool to compare old act, new bill
The Income Tax Department has made available a comprehensive comparison tool on their website, detailing the correlation ...
Indiatimes21d
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...
CNN25d
Welcome to tax season. What to know before you file
Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. So whether you’re in a rush to get your refund or just wondering how long you can postpone ...
Investopedia27d
Ordinary Income: What It Is and How It’s Taxed
Lea Uradu, J.D., is a Maryland state registered tax preparer ... to finance government operations. However, even when it’s not taxable, interest must be reported. Ordinary income is taxed ...