President Donald Trump has announced the “largest tax cuts in history” while assuring that Medicare and Social Security will ...

First, the net taxable income needs to be calculated. It will be calculated as follows: The income tax will be calculated on the net taxable income. You will be required to calculate income tax on Rs ...

Specific tax rates for NRIs on income earned in India remain unchanged. The Income Tax Bill, 2025 is proposed to be effective from April 1, 2026. It is currently under review by a Parliamentary Select ...

India views the USA's announcement of 26% reciprocal tariffs as a 'mixed bag' rather than a 'setback.' The imposition ...

President Donald Trump announced plans for sweeping tariffs Wednesday , saying “our country has been looted, pillaged, raped, plundered” by other nations.

EY India A salaried individual earning Rs 12.75 lakh used to pay Rs 95,000 in income tax under the current new tax regime. However, with the new proposal for the financial year 2025-26, they will not ...

US President Donald Trump announced new reciprocal tariffs to counter high duties charged on US goods by foreign countries.

Indian equity markets are better placed than their Asian counterparts to ride out the impact of sweeping tariffs rolled out ...

The form varies depending on the income source, the amount earned, and the applicable deductions the taxpayer claims. Click here to learn more about ITR Filing in India 1 ITR filing for individuals ...

Tenants must deduct 2% TDS if their monthly rent exceeds ₹50,000, if the landlord is a resident Indian and 31.2% if the landlord is an NRI.

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...