The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, in ...

Both the old and new tax regimes for individuals and Hindu Undivided Families (HUFs) will be retained, allowing taxpayers to ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

The long-awaited Income Tax Bill, 2025 was finally tabled in the Lok Sabha, ending decades of hand-wringing. Following ...

Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the disruption of the Canada Post strike. The draft legislation confirms that the ...

As tax season approaches, it's essential to determine whether you're required to file a tax return. While most U.S. residents ...

Vehicle Excise Duty (VED) car tax changes are set to be introduced this Spring with petrol, diesel and electric car owners all affected.

As congressional Republicans try to extend President Donald Trump's 2017 tax cuts, some are considering an unusual plan to ...

Navigating the complexities of homeownership in the United States involves understanding which expenses are deductible and ...

Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how ...

With tax rules, details matter. Read more from The Wall Street Journal's Laura Saunders on this year's key tax considerations for investors, including details ...

Layoffs cascaded through the federal government on Thursday after its human resources division advised agencies to terminate ...