With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.

The revised tax framework introduces a higher tax exemption limit of Rs 12.75 lakh and a newly structured 25% tax slab, aligning with earlier expectations.

Taxation and income tax were the biggest topics of discussion after the previous Union Budget on July 23, 2025. The larger ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

House set to vote on tax bill:MS House set to take up historic $1.1 billion tax cut this ... of sexually explicit conduct shall be at the rate of five percent (5%)," House Bill No. 1 reads.

At issue is the Tax Cuts and Jobs Act of 2017, which was a hallmark of Trump’s first term. Abbreviated TCJA, the law made sweeping changes to the U.S. tax code that slashed the average person’s income ...

The largest healthcare strike in Oregon's history continued, with one local lawmaker joining the picket line Sunday afternoon ...

Portland businesses’ paid taxes surged by 82% from more than $781 million in 2019 to more than $1.4 billion in 2023.

Housing Benefits rates for 2025 have been confirmed by the Department for Work and Pensions (DWP). The rates have been frozen for 2025, meaning many will struggle to pay increasing rents.

Inaugurations have been held in both joy and sorrow in the nation's capital and, infamously, on a plane in Dallas. Here are historical images of inaugurations from Franklin Roosevelt to Joe Biden.

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

Every bracket has its own tax rate. Your marginal tax rate is the rate applied to your highest level of income. So using that example of $1250,000 in income, your marginal tax rate is 26%.