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.

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 ...

Not many CAs would love to hear this but merely a day after the CA Day that falls on July 1, we explore whether a salaried ...

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 ...