To simplify tax law and make it more precise and technology-ready, the Government of India decided to overhaul the existing ...

Explains the shift from Assessment Year to Tax Year, simplifying compliance and reporting. Takeaway: Taxpayers can now file for the same year income is ...

From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...

New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...

(The Center Square) – Every state that implemented an individual income tax since 1960 had both its gross domestic product and total tax revenue decline, Dr. Arthur B. Laffer of The Laffer Center told ...

This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...

In 2025, India's NDA government, under Prime Minister Narendra Modi, implemented key reforms in GST, income tax and labour ...

Tax-Cruncher is a new open-source project for analyzing how tax policy affects taxpayer finances and incentives. Tax-Cruncher allows policymakers, researchers, and everyday taxpayers to analyze how ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Westend61 / Getty Images The annualized income installment method calculates estimated tax ...

This Article describes the basic federal income tax considerations relevant to the issuance of high-yield securities in the form of debt and preferred stock. In the case of debt securities, these ...