The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

President Donald Trump’s tax cut wish list would cost would the federal government between $5 trillion and $11.2 trillion in ...

The Finance Secretary reportedly that the income tax bill prioritises simplification and will focus on lowering penalties for ...

The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...

Nitin Gadkari's remarks came days after Finance Minister Nirmala Sitharaman provided the biggest-ever tax break to the middle ...

Kerala Finance Minister KN Balagopal began his budget speech on Friday, February 7, by declaring the state had “overcome the ...

Republicans readily admit the revenue loss from their tax proposals will be far larger than the spending cuts they’re ...

The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...

The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...

Key moment hit as Treasury to make official response to calls as millions hit by 'fiscal drag' with poorest paying more due ...

Maryland's Senate president is warning of a potential for deeper state budget cuts to address an impact of the president's ...