A petition to raise the HMRC income tax personal allowance threshold from £12,570 to £20,000 has received more than 130,000 ...

Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in the simplified I-T ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

A company can claim a deduction for dividends received from domestic or foreign companies, or from business trusts, when ...

“NRIs shall still continue to face a 20 per cent tax on dividend and interest income from Indian companies, with a reduced 10 ...

Money expert Martin Lewis says there's a legal way for some people to increase their income tax allowance this year.

If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.