Providing NZ Super as a tax-free basic income grant and putting recipients on a higher tax rate for other income, may be a ...

The Statement of Objects and Reasons for the Bill outlines that since the existing Income tax Act, 1961 has been subjected to numerous amendments in the past 60 years, the basic structure of the ...

The 'Taxpayer's Charter' has been included in the Bill which outlines the rights and obligations of the taxpayers. The Bill replaces the term 'previous year' as mentioned in the Income Tax Act ...

New budget plan envisions $4.5 trillion in tax cuts, offset partly with spending cuts and the rest adding to the federal deficit ...

We begin by explaining why the income tax regime is complex and then outline some of the changes we expect to see. This reform process must go deeper than mere linguistic modifications to overcome ...

More than 161,000 people have backed a petition calling for the personal income tax allowance to be increased from £12,570 to ...

Gray won his 2024 race by less than 200 votes, but Trump won his Central Valley district over Democrat Kamala Harris by 5.4 ...

Starting April 1, 2026, a new provision in the Income Tax Act will empower the tax department to access digital spaces like ...

Under the Income-Tax Act 1961, senior citizens are entitled ... According to the Central Board of Direct Taxes (CBDT), the new bill clearly outlines the eligibility criteria and deduction limits ...

Speaker Adrienne Adams is a grandmother of 12 and had been considering retirement -- but now she might be eyeing a run for ...

The initial plan calls for $4.5 trillion in tax cuts and at least $1.5 trillion ... in spending on health care and food programs for low-income people. That would help pay for $4.5 trillion ...

The simplified Income Tax Bill 2025, brings in the concept of ... The 'Taxpayer's Charter' has been included in the Bill which outlines the rights and obligations of the taxpayers.