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.

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

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 bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

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

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).