In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

There are several effective mechanisms to promote low-carbon lifestyles and advance sustainable development with the ...

Plus: President Trump signs executive orders before tax season, beneficial ownership information (BOI) reporting updates, ...

It doesn't take a high income to land in a high tax bracket. A single adult earning $48,000 finds themselves paying 22% on their top-taxed dollars. Learn More: American Opportunity Tax Credit: What ...

Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...

While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...

A Holly Springs woman was sentenced to 52 months in jail for mail fraud in connection with falsely claimed IRS Employee ...

Under the old tax regime a standard deduction of Rs 50,000 is available for the salaried class, on the other hand, under the ...

Table disservice; down on the farm; a barebones job; and other highlights of recent tax cases.

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.