FM Nirmala Sitharama announced that the new Income Tax Act, notified in July 2025, will take effect from April 1, 2026 ...

Union finance minister Nirmala Sitharaman, while presenting the Union Budget 2026-27, also proposed exemptions on 17 ...

The One Big Beautiful Bill Act (OBBBA), passed July 4, 2025, will bring sweeping changes to federal corporate and individual tax rules. Many of these ...

The income effect describes how consumer spending changes as income rises or falls, while the substitution effect reflects how people shift purchases when prices change or alternatives become more ...

Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...

New Income Tax Act notified in July 2025 will come into effect from April 1, 2026, Finance Minister Nirmala Sitharaman announced ...

On Tuesday, September 30, 2025, the Treasury Department, in connection with the Internal Revenue Service (the “IRS”), published and made effective Treasury Decision 10036 (T.D. 10036), which addresses ...

In a sweeping shift poised to reshape the tax landscape for millions of American workers, President Donald Trump signed the massive tax bill into law on July 4, thus fulfilling one of his major ...

Add Yahoo as a preferred source to see more of our stories on Google. The German study found that people receiving a universal basic income felt they had more time to spend with their partners, ...

The Finance Bill 2026 confirms that there are no proposed changes to the tax rates specified in the First Schedule of the Income Tax Act. Taxpayers can continue to choose between the existing tax ...