The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha ...

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

A discussion on the Budget 2025 will be taken up in the Lok Sabha on Friday. The new Income Tax Bill is expected to be tabled next week.

Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the term “Assessment Year” with “Tax Year”, eliminating British era references ...

WASHINGTON — President Trump asked congressional Republican leaders Thursday to end tax perks for sports team owners and ...

On Thursday, the budget was finally adopted after a two-month delay. Here are some of the measures in the legislation.

Gov. Whitmer has called the conclusion of road funding and economic development initiatives "big obstacles." They loom over ...

The Democratic-controlled Virginia Senate and House of Delegates have debated tax relief and other issues before passing separate proposals to amend the two-year state budget.

South Africa’s current social relief of distress (SRD) grant will serve as a foundation from which a more sustainable form of ...

After three decades of near-zero inflation, there are signs that Japan’s economy can sustainably converge to a new equilibrium. Inflation has surpassed the Bank of Japan’s 2-percent target for over ...

While historic tax cuts — like the one for corporates in 2019 and the one for income tax payers in 2025 — corner all the ...