Income Tax 2025: Nirmala Sitharaman’s 2025 budget introduces a revamped tax structure, eliminating income tax for earnings up to Rs. 12 lakh. (REUTERS) Union Finance Minister Nirmala Sitharaman ...

There are no changes in the rates of surcharge and heath and education cess. Also read | No income tax for income up to Rs 12.75 lakh for salaried individuals under the new tax regime The rejig in the ...

Budget 2025 Explained: FM Nirmala Sitharaman proposes BIG relief for the middle class. ZERO tax on up to ₹12.75 lakh income. Budget 2025 brought unexpected cheer to a large section of middle ...

Concluding the Union Budget 2025, Finance Minister Nirmala Sitharaman announced that income slabs and rates are changed across the board to reduce taxes on middle class. This will reduce taxes on ...

Finance Minister Nirmala Sitharaman said that a new income tax bill will be announced next week. The bill would reflect the government’s decade-long efforts focused on enhancing taxpayer convenience.

Retiree living costs vary widely depending on factors like location, life expectancy, and lifestyle. You can use the cost of living in the area you plan to retire in and your current expenses as ...

She says the typical refund is about $1,500 on average. She says her organization also has a Low Income Taxpayer Clinic. “If you are behind on your taxes and you’re fearful, we have a process. Assess ...

This year, the VITA team is partnering with the Sturm College of Law’s Low Income Taxpayer Clinic to bring a wide range of accounting, tax and law experts together to help you file your taxes. The ...

It's not even five weeks into 2025, and already there's a bevy of news affecting tax practitioners. Melanie Lauridsen, the AICPA's vice president–Tax Policy & Advocacy, joined the Journal of ...

Rapid growth in government jobs during 2024 did little to fix the downward trajectory of union membership in Illinois. Just 13.1% of workers are union members in the state. Union membership in ...

There is some good news for certain Empire State residents. Starting this January, internet service providers in New York must offer low-income residents access to monthly broadband rates of 25 ...

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today, the first day the IRS is accepting and processing returns this tax ...