New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

Priority legislation to address the state's affordability crisis passed the Texas Senate and is now headed for the state house. Senate Bill 4, which carves out a $140,000 homestead exemption, was ...

President Trump plans to impose fresh tariffs on all aluminum and steel imports, seeking to curb China’s growing dominance in ...

It’s not enough to oppose Trump at the national level. Democrats need to show that they can win locally—and deliver on what ...

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the upcoming Income Tax Bill 2025. The current regulations for selecting a tax ...

Ans: As noted above, the total words in the new Income Tax Bill, 2025 are around 2.6 lakhs, as against 5.12 lakh words in the ...

Federal workers all over the country have responded with anger and confusion Friday toward President Donald Trump's ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

AUSTIN – It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's plan calls it the largest exemption increase in state history.