However, sweeping changes have been proposed in the Union Budget 2025 relating to simplification and rationalisation of TDS/TCS provisions. These changes mainly relate to rationalisation of threshold ...

Accelerated depreciation "could be a very cheap way of increasing the housing supply," said Richard Green, a USC professor.

A cheat sheet for new brackets, deductions and credits you need to know for filing 2024 taxes and for this year’s tax ...

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

The upcoming Income Tax Bill, as revealed by Finance Secretary Tuhin Kanta Pandey, aims to simplify the language and reduce complexity. It replaces the 1961 Income Tax Act, incorporating budget ...

During his first stint in office, Trump massively overhauled the tax code by passing the Tax Cuts and Jobs Act (TCJA) of 2017. Now, many of those tax provisions are set to expire at the end of 2025, ...