As Budget 2025 nears, more changes to the new tax regime are expected to simplify taxes and benefit salaried employees and pensioners.

Budget 2025 income tax expectations: Most personal tax experts are of the view that the government will phase out the old income tax regime in the coming years. However, they are divided on how soon.

A new EY report, based on interviews with 70 senior industry figures from Scotland’s financial sector, carries a stark warning for John Swinney.

The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by ...

Budget speech, Finance Minister Nirmala Sitharaman shared big news. Under the new regime, if you earn up to Rs 12 lakh, you ...

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

Adjustments of the tax benefits relating to the flow-through share regime – The budget proposes to abolish the additional deduction for certain exploration expenses incurred in Quebec as well as ...

Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.

President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.

WASHINGTON — The Biden administration is set to propose a new minimum tax targeting the wealthiest American households in its fiscal year 2023 budget, according to a White House fact sheet. The ...

Brazil's Finance Ministry does not plan on targeting income tax benefits for individuals in a broad reform of tax breaks to shore up public finances, two ministry officials told Reuters.

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