While the new Income-tax Act, 2025 has already been passed, these rules are crucial because they explain how the law will ...
This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
An expanded subtraction up to $48,000 for retired couples is among the changes to Wisconsin's income taxes this year.
The broader objective of the new law and rules is to widen the tax base while simplifying compliance. While nearly 9 crore ...
State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest ...
The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week ...
Under the presumptive taxation rule, while key tax benefits do not apply to the new tax regime, consultants opting for the ...
The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited ...