It seems that the proposed Income Tax Bill, 2025 has made a minor change in language with the residential status clause.

The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...

Rachel Reeves said she would not be 'coming back with more tax increases' last year but now faces making a U-turn ...

Under Section 80M of the present income tax law, Indian companies are allowed to deduct dividends received from domestic or ...

The Nisei Farmers League President says he and the league’s members are concerned tax numbers could get them into trouble ...

MUMBAI: The New Income Tax Bill 2025, which will replace the 1961 Act, is an attempt at simplifying the tax rules. While the ...

RALEIGH, N.C. (AP) — North Carolina officials on Friday projected a modest revenue surplus this fiscal year, the result of ...

It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's ...

The mass firings of federal government workers currently underway mean probationary employees face the prospect of losing their jobs, affecting workers in New Hampshire.

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax ...

The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...

"While I respect the opinion of the court, this notion of raising taxes this way to solve this problem is ill-conceived,” ...