A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

Kentucky Gov. Andy Beshear signed a bill into law which will reduce the personal income tax for millions of Kentuckians.

The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...

The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...

According to the Social Security Administration (SSA), the estimated average monthly Social Security retirement benefit for ...

One of the proposed changes is to present rates, thresholds, and limits in a tabular format, rather than in lengthy written ...

In addition, the official stated that in the new income tax bill, authorities have not been given excessive powers ...

"It will be simple, with no provisos or complicated language,” Tuhin Kanta Pandey said, highlighting the significant ...

The Finance Secretary reportedly that the income tax bill prioritises simplification and will focus on lowering penalties for ...

Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...