Finance Minister Nirmala Sitharaman , in her Union Budget 2025 speech, announced a historic move—the introduction of a new ...

A new tax code is likely to come with the election of President Trump, and there a few directions Congress and the president could go. According to the Tax Foundation, a ...

HMRC has issued a warning to hundreds of thousands of households receiving letters in the post. As the financial year ends, HMRC sends letters to taxpayers if their tax payments don’t align ...

India's new tax code that was tabled by the Finance Minister today in Parliament has a slew of measures including streamlined ...

Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...

Our world is an increasingly noisy, busy and concerning place. For a moment, let’s set aside the really difficult challenges that our state and country are facing. The world continues to spin, after ...

They have called for policies that benefit a wider group of people, particularly women. This approach would help bring more people into the tax system and improve the country's tax-to-GDP ratio, which ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

A pair of bills aimed at closing loopholes that may make it too easy for Montana property owners to qualify for hefty ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.