The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...

Black homebuyers face higher mortgage rates, fees, and insurance premiums— Angela Yee's Wealth Wednesdays Real Estate Club is ...

Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.

Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

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

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

The current Income Tax Act was enforced in the country in 1961 and now, the new Income Tax Act is being made according to the ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

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

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...