Former Finance Secretary Subhash Garg discusses the potential merger of India's two income tax regimes in Budget 2025 to ...

Currently, husband and wife have to file separate income tax returns in the country. But now there is a demand to adopt the ...

Indians await the budget anticipating the changes it will bring to their life. The widely adopted new tax structure announced ...

The last date to file the belated or revised Income Tax Returns (ITR) for the assessment year 2024-25 is January 15. The Central Board of Direct Taxes (CBDT), earlier, announced December 31, 2024, as ...

The tax brackets you fall into determine much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

This recruitment offers a golden opportunity for qualified professionals to join the prestigious Income Tax Department without a written examination. Applicants are advised to keep a check here or on ...

After worsening in the aftermath of the Covid-19 pandemic in 2020-21, income inequality in India has reduced in 2022-23, suggesting effective post-pandemic recovery measures, a working paper released ...

The Central Board of Direct Taxes (CBDT) has announced vacancies for the position of Processing Assistant Grade B in the Income Tax Department. Candidates who meet the required qualifications for ...

To help you stay organized, here’s a month-by-month income ... India does not have an exchange agreement, Indian constituent entities must file this report for the accounting year 1 April 2023 – 31 ...

Marko Geber / Getty Images Yes, you can lower your taxable income and your tax bill by opening and contributing to an individual retirement account (IRA). But it depends, first and foremost ...

J. David Ake/Getty Images There will still be seven income brackets that earners can fall into: 10, 12, 22, 24, 32, 35 and 37 percent. While the top tax rate will stay at 37 percent for single ...