A government agency that undertakes the direct collection of tax in India is the Income Tax Department. All operations of the department are handled by the Central Board for Direct Taxes (CBDT).

India's income tax laws are subject to periodic revisions. Read Our Latest News and Updated on Income-tax, Articles on income tax India to understand income tax slab, Income tax e-filing, income tax ...

Just enter your salary and find out how much income tax and National Insurance you'll pay in 2024-25. If you pay income taxes in Scotland, simply hit the 'Do you live in Scotland?' tab to make sure ...

According to the Income Tax Act, certain sources of income are exempt from taxation as long as they adhere to the rules and regulations established in the Act. Exempted income differs from income tax ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax ...

See how we rate tax products to write unbiased product reviews. Mark your calendar: The deadline to file personal federal income tax returns is April 15, 2025. If April 15 falls on a weekend or ...

In the Union Budget 2024, the Finance Minister announced significant changes to the new income tax regime. The revisions include new income tax slabs for the fiscal year 2024-25. The standard ...

(Representative Image) The Income-Tax (I-T) department has today (November 17) launched a new campaign warning taxpayers of ₹10 lakh penalty if they fail to disclose foreign held assets or ...

How much tax will I pay? If you're a basic-rate taxpayer, what you pay in tax accounts for around a third of the money you earn. Types of tax deducted from your income, such as PAYE and National ...

Image (c) Jamie Grill Photography/Getty Images Lowering your taxable income is a common concern for individuals and business owners. While the Tax Cuts and Jobs Act (TCJA) provided increased ...

Income inequality is consistently a major topic in U.S. presidential races. Gini coefficient figures have ranked the U.S. as one of the worst places for income equality among developed economies ...