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BUDGET PROPOSALS FOR TAXPAYERS
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- US Congress approves $70 billion for Trump immigration crackdownThe US Congress on Tuesday passed a $70 billion bill funding President Donald Trump's hardline immigration crackdown through the rest of hi...
- Senate rejects first effort to bar Trump from creating $1.8 billion settlement fundSenate Republicans are facing challenges in passing funding for President Donald Trump's immigration agencies. Democrats are pushing for vo...
- India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCsMultinationals in India are reassessing their tax strategies. A new safe harbour regime offers lower margins for IT and ITeS services. Comp...
- Georgia $500 rebate checks 2026: Who qualifies, payment dates & full details explainedGeorgia is sending rebate checks up to $500 to eligible taxpayers after a big budget surplus. Payments started in May 2026 and will continu...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Income tax refund rules change from April 2026: Check these 2 important updates for Tax Year 2026-27Two significant changes to income tax refund rules are effective from April 1, 2026, impacting Tax Year 2026-27. The Finance Act 2026 clari...
- EU lawmakers back blockbuster $2.3-trillion long-term budgetThe European Parliament has backed a larger EU budget for 2028-2034, proposing new taxes on digital giants and online gambling to fund a 10...
- Trump weighs Spirit Airlines takeover, eyes resale after oil price drop report saysPresident Donald Trump is exploring a government takeover of Spirit Airlines. The plan involves buying the struggling airline with taxpayer...
- SEZ domestic sales relief to be time-bound: Revenue SecyNew Delhi: Special Economic Zone units will get a temporary window to sell goods domestically. This one-time measure aims to help them navi...
- Income tax rules for house property simplified in Budget 2025: How it will benefit taxpayers with 2 housesThe simplification of rules will help taxpayers easily file their income tax returns without any calculation as they can claim the value of...
- New income tax calculation after Budget: How much tax will salaried save on incomes of Rs 12.75 lakh, Rs 15 lakh, Rs 20 lakh, Rs 25 lakh under new tax regimeIncome Tax Calculator: Income Tax Calculation as Per New Tax Regime: Read this EY analysis on how much additional tax savings a salaried em...
- Budget 2024 makes new income tax regime more attractive: See how much taxes you can now saveIncome tax changes in Budget 2024: Slab tweaks and higher standard deduction will make new tax regime more attractive.
- ICAI says budget proposals aim to boost growth, improve ease of doing bizICAI welcomes the tax proposals in the Union Budget 2024-25, emphasizing simplification, improved services, tax certainty, and reduced liti...
- Proposed income tax dispute settlement scheme waives interest, penaltyUnder the proposed ‘Vivad Se Vishwas’ scheme, a taxpayer would be required to pay only the amount of the disputed taxes and will get a comp...
- 'Taxpayer charter' on cards to build trust, reduce harassment; wealth creators will be respected: Finance Minister"We wish to enshrine in the statutes a 'taxpayer charter' through this budget. Our government would like to reassure taxpayers that we rema...
- Budget 2019: Tax break for Rs 5 lakh earners is huge tax planning incentive for middle income groupTaxpayers very close to the threshold limit will have to ensure their income does not exceed Rs 5 lakh.
- Tax rates slashed for small taxpayersTax rate for those earning up to Rs 5 lakh is reduced to 5% and flat Rs 12,500 rebate offered to all taxpayers. But tax compliance to be st...
- All the key direct tax changes impacting you proposed in Budget 2017Finance Minister Arun Jaitley acknowledged the dire need of increasing the taxpayer base specifying number of individuals currently filing ...
- Budget 2012: Real benefit for those falling in Rs 8-10 lakh income bracketThe net savings for individuals having an income of Rs 10,00,000 will be Rs 22,660 along with 3% cess on income tax.
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