The average borrower could see their monthly bill swell to $288 from $95 according to an early estimate by The Institute for ...

As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals ...

Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

The Kentucky legislature passed House Bill 1, which reduces the state's individual income tax from 4% to 3.5%.

Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

This proposed legislation seeks to replace the existing Income Tax Act of 1961, which has been in place for over 60 years.

Finance Minister Nirmala Sitharaman announced during Budget 2025-26 that the New Income Tax Bill would be presented in the ...

The main goal of the new bill is to streamline the existing Income Tax laws, making them more transparent and concise to ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts ...