The new Act adopts a broad definition of income, covering salary, capital gains, perquisites, subsidies, and windfalls, ...

India is set to implement a new Income Tax Act from April 1, 2026, replacing the 64-year-old Income Tax Act of 1961. The ...

The issue is the absence of a precise statutory definition of income. Courts have expanded its meaning to cover all real economic gains unless specifically ...

Finance minister Nirmala Sitharaman on Sunday, during the presentation of Union Budget 2026-27, announced that the New Income Tax Act, 2025, will come into effect from April 1, 2026, replacing the six ...

In a landmark overhaul, Finance Minister Nirmala Sitharaman announced that Income Tax Act 2025 will replace Income Tax Act 1961 starting April 1, 2026. "In July 2024, I announced a comprehensive ...

Bristol Live readers have been sharing their views on the recent news that Bristol councillors have supported a trial of Universal Basic Income. The Green-led council voted to lobby the government for ...

Income Tax 2026 LIVE updates: Union finance minister Nirmala Sitharaman, while presenting the Union Budget 2026-27, also ...

Senate Finance Committee Chairman Harvey Peeler doesn’t like anyone out tax cutting him. So with the Finance Committee pushing through a House income tax reform plan, the upper chamber is poised to ...

A Republican-led committee approved a final report outlining a plan to eliminate Georgia’s income tax The proposal would exempt the first $50,000 for single filers and $100,000 for married couples ...

The Marshall Islands has launched Enra, a universal cash transfer that pays US$200 quarterly to resident Marshallese citizens. The program is enabled by the Compact of Free Association with the United ...

Guaranteed Basic Income has seen a big push in recent years. As the city of St. Louis releases today the results of its guaranteed basic income pilot program, your take on whether it succeeded will ...