Here's what to know about income tax ahead of tax season, including what it is, how it works, how to calculate it and which ...

To simplify tax law and make it more precise and technology-ready, the Government of India decided to overhaul the existing ...

Courts have validated the faceless assessment framework while insisting on strict adherence to fairness. The key takeaway is that efficiency cannot override the right to a meaningful ...

From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...

Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one proposal stands out for its pote.

New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...

(The Center Square) – Every state that implemented an individual income tax since 1960 had both its gross domestic product and total tax revenue decline, Dr. Arthur B. Laffer of The Laffer Center told ...

Tax-Cruncher is a new open-source project for analyzing how tax policy affects taxpayer finances and incentives. Tax-Cruncher allows policymakers, researchers, and everyday taxpayers to analyze how ...

This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...

This Article describes the basic federal income tax considerations relevant to the issuance of high-yield securities in the form of debt and preferred stock. In the case of debt securities, these ...