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

The current gap between US federal spending and tax revenue is larger than ever outside of major war or crisis. Federal spending is significantly higher than the historical norm, while revenue remains ...

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 ...

Even though the 2025 tax season has only been open less than two full weeks, the IRS has already been busy processing tax returns and issuing tax refunds. Not mine — I'm still a ways away from sitting ...

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, ...

President Donald Trump has repeatedly threatened to dramatically expand tariffs. It’s a move that could affect trillions of ...

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

Then we switched over to income tax. We were never so wealthy ... consumers face economic damage. That brings us back to the data in the chart approvingly cited by the president.

On February 1, President Donald Trump imposed tariffs on Canada, China, and Mexico—the United States’ largest trading ... per year in extra federal tax revenue, they could also impose ...

Analysis of Indian economy's growth patterns, fiscal spending, and impact on consumption trends, highlighting need for policy ...

It’s vital for Congress to pair pro-growth tax cuts with pro-growth spending reforms. The federal budget itself needs a ...