Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

May 4, 2022 The Supreme Court of India, in this case addressed the issue of reassessment notices issued under Section 148 of the Income Tax Act, 1961 in light of the amendments introduced by the ...

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and ...

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...

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

Workers putting in extra hours will be rewarded under Trump’s proposal, which seeks to exempt overtime pay from taxation, ...

Apple has announced updates to its App Store pricing and taxes for developers across different regions, with some changes ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Russia will enforce cryptocurrency tax laws in 2025, introducing income and corporate taxes on crypto earnings and mining.

Every year, millions of Americans living abroad must deal with a profound administrative indignity: complying with a U.S. income-tax regime that treats them like miscreants and complicates the lives e ...

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

Every year, millions of Americans living abroad suffer a profound administrative indignity: complying with a U.S. income-tax regime that treats them like miscreants and complicates the lives even of t ...