The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
Some experts think the government may break its promise not to increase income tax, NI or VAT for working people.
Rachel Reeves has been told raising income tax in next month’s Budget is the “least damaging” way to plug a £30bn hole in the ...
Traders declaring business or F&O income below 6% of their turnover may face a mandatory tax audit. This rule applies even if ...
Universal basic income, or UBI, has been floated as a potential solution for the coming AI revolution. But experts warn it's ...
The State’s basic income scheme for artists will be opened up to 2,000 new entrants next year and put on a permanent footing ...
HUFs are treated as separate tax entities under income tax laws, allowing for distinct tax exemptions, investments, and home ...
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Raise income tax threshold from £12,570 to £20k in Autumn Budget update as key landmark near
A campaign pushing for an increase in the income tax threshold is gaining traction as it approaches a significant milestone.
A senior/super senior citizen may submit declaration in Form No. 15H to the deductor for non-deduction of TDS to the effect ...
Government borrowing in August was the highest in five years, official figures revealed, with higher tax receipts offset by ...
Americans will see higher standard deductions and tax bracket thresholds for 2026, part of annual inflation adjustments.
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