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Taxable income: What it is and how to calculate it
The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.
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Taxable income between ₹8 lakh and ₹15 lakh: Old vs new income tax regime explained with clear calculations
With every Union Budget, one of the most closely watched announcements by India’s middle class revolves around personal ...
A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...
Income Tax Refund Status for AY 2025-26 Update: Ineligible claims of deductions, exemptions, and a significant gap between disclosures in the income tax returns and the information received from ...
A viral social media claim that the Income Tax Department will access private digital accounts from April 1, 2026, to curb tax evasion has been debunked by the PIB Fact Check team. The department's ...
The Income Tax Department has advised taxpayers that such communications are meant to facilitate them and make them aware of transaction details available with the department, as reported by various ...
The growing wait for refunds has left taxpayers looking for answers, and the real question is what exactly has changed this year to make the process feel slower than most expected. If your income tax ...
Gov. Bob Ferguson has thrown his support behind an income tax on millionaires, backing what would be a seismic shift in Washington’s tax code. At a budget news conference Tuesday, Ferguson endorsed a ...
The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE campaign, the department is sending emails and SMS messages. Taxpayers are urged ...
Several multinational corporations (MNCs) operating in India are actively encouraging their employees to declare any undisclosed foreign assets or income. This urgency stems from direct communications ...
FRANKFORT, Ky. (WKYT) - Kentucky’s individual income tax rate will drop to 3.5% on Jan. 1, 2026, cutting state revenues and tightening lawmakers’ budget choices as they prepare the next two-year ...
From April 1, 2026, the income tax department of India is set to enter a new digital phase. Under the proposed Income Tax Bill, 2025, tax officers will be legally authorised to access your bank ...
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