Millions of pensioners will be dragged into the tax net over the next decade as a result of Labour’s decision to keep tax thresholds frozen. By 2032, around 10 million retirees are expected to be ...

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Ten million pensioners will be paying income tax by 2032, new figures reveal. Three quarters of retirees are set to be ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

In the union budget for the financial year (FY) 2025-26, finance minister Nirmala Sitharaman announced notable reform to the ...

In a significant move announced during the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced new income tax ...

Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

U.S. citizens should be aware of the potential financial boost from the IRS's Earned Income Tax Credit (EITC). This credit ...

The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

An affordable-housing deal that uses federal LIHTC funding is much more likely to achieve other key sources of financing for ...

In her speech, the finance minister said that the measures are intended to reduce the number of transactions liable under TDS, benefiting small taxpayers receiving smaller payments.