Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

After a major budget that saw the FM making some crucial announcements regarding direct taxation in India, the New Income Tax ...

Moore’s plan to raise taxes on high-earners may collide with his desire to attract high-tech business investment to Maryland.

No matter what line of work you’re in, your goal may be to see your income increase from one year to the next. So if that’s ...

Here is the Oxford online dictionary's definition of a tax: "A compulsory contribution to state revenue, levied by the government on workers' income and business profits ... include a 1 percent ...

Mainstream economists and the media “warn” us about the dangers of “income inequality.” But is income inequality really an ...

Especially if they come with reductions to Medicaid, food stamps and other safety net programs, the policy will make the rich ...

During the campaign, President Donald Trump floated an “all tariff policy” he said would replace federal income tax. Here’s ...

Wes Moore (D) on Tuesday announced a plan to raise income tax ... specifics on the tax increases. Households making over $1 million annually would see the largest tax rate increase, and those ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income that gets taxed. There are many valuable self-employment ...

In special situations, you may have to file regardless of your income. If you have net earnings of at least $400 from self-employment, for example, you’re required to file taxes. If you earn at ...