Another two million retirees will have to pay tax in the coming years after Labour confirmed it would be keeping thresholds at their current level ...

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 ...

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

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 ...

The percentage of gig workers knowledgeable about the lower threshold the Form 1099-K versus those that don’t know came out ...

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

Paying taxes they don't have to pay for the prospect of lower taxes thirty or forty years in the future with all the uncertainty that entails.

Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

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 ...