Income Tax Budget 2025 Live: Finance Minister Nirmala Sitharaman on Saturday said tax deductions at source (TDS) will be rationalised for senior citizens and doubled from Rs 50,000 to Rs 1 lakh.

The expectations of common people ranged from relaxations in income tax to relief from inflation, lowering taxes on capital gains, controlling inflation in the education sector and lifting taxes ...

Also, note that employers are required to send employees their W-2 and 1099 income tax forms by the end of January. When is the deadline for filing a 2024 tax return with the IRS? The official ...

She raised the starting point for income tax to $14,800 from $8,074 and said the government will introduce a new income tax bill next week. “The new structure will substantially reduce the taxes ...

Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget ...