The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that the government will ...

The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is ...

The direct tax code (DTC) aims to simplify India’s intricate tax system, making it more accessible and easier to follow.

As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...

The government of India has been actively pushing for reforms to modernize the tax regime and the ecosystem. After the rationalisation of the capital gains tax regime in Budget 2024, there are strong ...

The Income Tax Act in India is fairly complicated and the Indian government has reportedly been working towards introducing a new tax system which is more user friendly and understandable.

Finance minister Nirmala Sitharaman plans to introduce a bill for a new direct tax law during the budget session. The focus ...

Comptroller Brooke E. Lierman announces the 2025 Tax Filing Season in Maryland, with a focus on modernizing tax collection and making it easier for Marylanders to claim the Earned Income Tax Credit ...

In a letter exclusively shared with BI, Sens. Elizabeth Warren and Chris Coons said the program "meets the DOGE leaders' ...

Will Finance Minister Nirmala Sitharaman replace the current Income Tax Act with a Direct Tax Code? As the country prepares ...

Finance Minister Nirmala Sitharaman will present the budget on 1 February 2025. In the general budget, she can announce the ...

Budget 2025 may bring significant tax relief for individuals earning up to Rs 15 lakh as the Direct Tax Code 2025 aims to ...