The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

The ITA 2025 broadly retains current TDS rates, advance tax instalments, and audit thresholds, but consultants with multiple income streams may not qualify for presumptive taxation.

For taxpayers without significant deductions, the new regime remains the simpler choice, even without any recent changes this year.

The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited ...

Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...

Georgia's Senate Bill 476 aims to cut income taxes but could eliminate tax credits crucial for affordable housing, potentially harming low-wage earners.

Opponents of a proposed ballot question that lowers the income tax rate from 5% to 4% over three years filed a lawsuit Thursday with the Supreme Judicial Court that claims Attorney General Andrea ...