As Union Budget 2026 approaches, taxpayers are watching closely for signals on tax reforms, faster refunds, and easier ...

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

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

(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 ...

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 ...

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 ...

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

Finance Minister Nirmala Sitharaman is set to present her ninth Union Budget on 1 February 2026, a milestone moment in her ...

Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest, dividends, alimony, retirement distributions, unemployment compensation and Social ...

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 ...