Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

New Income Tax Slabs Budget 2025-26 LIVE: Many taxpayers are looking forward to relief measures after seeing minimal changes in the July 2024 Budget Shivam Verma Updated : Feb 01, 2025, 03:04 PM IST ...

The new tax regime will now feature a ‘nil tax’ slab up to ₹12 lakh for individuals, and ₹12.75 lakh for salaried taxpayers with a standard deduction of ₹75,000. This reform aims to ease the financial ...

This Budget comes at a time of significant global challenges and hopes of tax relief. The Union Budget 2025 is set against the backdrop of geopolitical tensions and a domestic economy grappling with ...

A revision or reduction in income tax rates and slabs is widely expected, aiming to alleviate the financial strain on the middle/salaried class grappling with inflation and stagnant wage growth. The ...

Tax filing season opened on January 27. But, as a result of a slew of Trump administration initiatives, the IRS must try to manage what it anticipates will be 140 million individual returns under ...

Samir Arora, Founder and Fund Manager at Helios Capital, expects Budget 2025 to bring some relief for middle-class taxpayers. Since the government lowered corporate taxes in 2019, it is logical to ...

It’s officially tax season, and Americans can start checking the status of their refunds within 24 hours after an e-filed return is received. Taxpayers can track their refund status by using ...

The upcoming Council Tax break is the perfect opportunity to check that you are paying the right amount. Your circumstances could mean that you're eligible for a discount on how much you pay ...

Oando Plc has disclosed a full-year pre-tax profit of N47.7 billion in its latest unaudited financial report for 2024, released on the Nigerian Exchange on January 30, 2025. This figure shows a ...

What you’re buying here is the software at a discount, versus buying it from TurboTax, which would cost you $79. So you can pocket even more of that tax refund this year.

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Vikki ...