Income Tax Cuts
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No Tax On Tips, Overtime Or Social Security: Inside Trump's Plan For America
US President Donald Trump on Tuesday said his administration is seeking permanent income tax cuts for all Americans, hit hard by inflation.
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"Systemic Correction, Not Just Tax Cut": Shark Tank's Anupam Mittal On Budget
People Group and Shaadi.com founder Anupam Mittal praised the Union Budget's provision to not tax salaried individuals earning up to Rs 12.75 lakh, calling it a "systemic correction".
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"Move To Attract Delhi, Bihar Voters' Attention": P Chidambaram On Tax Cuts
Former Union finance minister, Congress's P Chidambaram, today ripped into the Union Budget 2025, criticising it on multiple heads including the biggest talking point -- the income tax rebate to the middle class
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FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
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India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
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Income Tax May Be Reduced For Those Earning Up To Rs 15 Lakh: Report
India is considering cutting income tax for individuals making up to Rs 15 lakh a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.
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Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
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Nitish Kumar's Vajpayee Reference Amid Centre vs Opposition Over Adani Row
Bihar Chief Minister Nitish Kumar on Friday said the Income Tax department's surveys on BBC premises in Delhi and Mumbai were a "clear cut" indication of the Narendra Modi government's intolerance of criticism.
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UK Drops Tax Cut For Top Earners Amid Row, Liz Truss's 1st Policy U-turn
Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce criticism during a cost-of-living crisis.
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UK To Reverse Income Tax Cut That Sparked Market Turmoil, Plunge Pound
The government of British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans to cut the highest rate of income tax that helped to spark a rebellion in her party and turmoil in financial markets.
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Economy "Fastest", Monsoon Good, Crude Down: Government Hopes To Cut Price-Rise Now, Say Sources
The government also intends to eventually "do away with income tax exemptions" and "look at ways to strengthen the system", say sources
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Rishi Sunak Pledges 20% Cut In Basic Rate Of Income Tax By 2029 In UK
Rishi Sunak, trailing in the race to become Britain's next prime minister, has vowed to slash the basic rate of income tax by 20% by 2029.
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How Much Wealth Do You Need To Join The World's Richest 1%? Details Here
Joining the ranks of the richest 1% is never easy, but it's especially hard in Monaco. You need to be worth almost $8 million to make the cut in the Mediterranean principality, where residents typically don't pay income taxes, according to research on more than two-dozen locations by Knight Frank.
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Tax Holiday For Startups, Relief For Senior Citizens: Top 10 Tax Highlights Of Budget 2021
Budget 2021 Tax Highlights: In a major tax relief for senior citizens, Finance Minister Nirmala Sitharaman while presenting Budget 2021 announced that citizens aged 75 years and above, who only have pension and interest income are now exempted from filing the tax returns. In last year's budget, a major cut in the tax rates for the salaried class wa...
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In Relief For Small Businesses, Rs 5,204-Crore Income Tax Refunds Issued In 10 Days
These income tax refunds will help MSMEs carry on their business activities without pay cuts and layoffs in the COVID-19 pandemic situation.
-
No Tax On Tips, Overtime Or Social Security: Inside Trump's Plan For America
US President Donald Trump on Tuesday said his administration is seeking permanent income tax cuts for all Americans, hit hard by inflation.
-
"Systemic Correction, Not Just Tax Cut": Shark Tank's Anupam Mittal On Budget
People Group and Shaadi.com founder Anupam Mittal praised the Union Budget's provision to not tax salaried individuals earning up to Rs 12.75 lakh, calling it a "systemic correction".
-
"Move To Attract Delhi, Bihar Voters' Attention": P Chidambaram On Tax Cuts
Former Union finance minister, Congress's P Chidambaram, today ripped into the Union Budget 2025, criticising it on multiple heads including the biggest talking point -- the income tax rebate to the middle class
-
FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
-
India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
-
Income Tax May Be Reduced For Those Earning Up To Rs 15 Lakh: Report
India is considering cutting income tax for individuals making up to Rs 15 lakh a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.
-
Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
-
Nitish Kumar's Vajpayee Reference Amid Centre vs Opposition Over Adani Row
Bihar Chief Minister Nitish Kumar on Friday said the Income Tax department's surveys on BBC premises in Delhi and Mumbai were a "clear cut" indication of the Narendra Modi government's intolerance of criticism.
-
UK Drops Tax Cut For Top Earners Amid Row, Liz Truss's 1st Policy U-turn
Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget sparked turmoil on markets and fierce criticism during a cost-of-living crisis.
-
UK To Reverse Income Tax Cut That Sparked Market Turmoil, Plunge Pound
The government of British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans to cut the highest rate of income tax that helped to spark a rebellion in her party and turmoil in financial markets.
-
Economy "Fastest", Monsoon Good, Crude Down: Government Hopes To Cut Price-Rise Now, Say Sources
The government also intends to eventually "do away with income tax exemptions" and "look at ways to strengthen the system", say sources
-
Rishi Sunak Pledges 20% Cut In Basic Rate Of Income Tax By 2029 In UK
Rishi Sunak, trailing in the race to become Britain's next prime minister, has vowed to slash the basic rate of income tax by 20% by 2029.
-
How Much Wealth Do You Need To Join The World's Richest 1%? Details Here
Joining the ranks of the richest 1% is never easy, but it's especially hard in Monaco. You need to be worth almost $8 million to make the cut in the Mediterranean principality, where residents typically don't pay income taxes, according to research on more than two-dozen locations by Knight Frank.
-
Tax Holiday For Startups, Relief For Senior Citizens: Top 10 Tax Highlights Of Budget 2021
Budget 2021 Tax Highlights: In a major tax relief for senior citizens, Finance Minister Nirmala Sitharaman while presenting Budget 2021 announced that citizens aged 75 years and above, who only have pension and interest income are now exempted from filing the tax returns. In last year's budget, a major cut in the tax rates for the salaried class wa...
-
In Relief For Small Businesses, Rs 5,204-Crore Income Tax Refunds Issued In 10 Days
These income tax refunds will help MSMEs carry on their business activities without pay cuts and layoffs in the COVID-19 pandemic situation.
