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There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

The Union budget 2025 presented in the Parliament today on 1st February 2025, the Finance Minister Mrs. Nirmala Sitharaman has given the middle-class taxpayers a big Income tax relief, Under the new ...

All income tax slabs and rate changes have been announced under the new income tax regime - and the biggest takeaway is that ...

Budgets usually witness a few days of number-crunching and reading the fine print, before markets settle down. In this case, ...

Even though the 2025 tax season has only been open less than two full weeks, the IRS has already been busy processing tax ...

The gap between US federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because spending ...

President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what ...

While the Washington, DC-based Tax Foundation estimates that the tariffs will generate around $100 billion per year in extra federal tax revenue ... as the United States imports nearly half ...

The delay to tariffs with Canada & Mexico is a sign they may be averted, but the uncertainty means a volatile ride for ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...