From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
Filing an Income Tax Return (ITR) is usually mandatory when an individual’s annual income crosses the basic exemption threshold. Under the old tax regime, people below 60 years of age enjoy exemption ...
There were 161 million individual income tax returns filed to the IRS in 2024, possibly including yours. While not every American is required to file a tax return, most will – and there may be good ...
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 ...
FM Nirmala Sitharaman presented her ninth Budget today. During her speech, she made a key income tax announcement on filing ...
Tax season is officially underway, and the Internal Revenue Service has begun accepting individual federal tax returns for 2026 through its free guided software program, IRS Free File. The IRS opened ...
The IRS will start accepting 2025 tax returns for the 2026 filing season on Jan. 26. Employers have until Jan. 31 to send out W-2 tax forms, but some have already made them available online. Trump's ...