You Searched For "personal income tax" and got 16 results
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1 min read
About 6 cr ITRs filed for FY24; 70% under new tax regime
Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…
PTI
1 min read
Direct tax collection grows 23.8% to ₹ 8.98 lakh cr till Oct 8
Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher th…
3 mins read
The exodus of the ultra-rich to tax havens like Texas and Florida is accelerating - but people may still end up paying more tax than you'd expect
Though Florida and Texas famously have no personal-income tax, they still have to generate state re…
Grace Dean
3 mins read
India Inc expecting budget to lower personal income tax rates
Mumbai, Jan 23 () India Inc is banking on the budget to see a reduction in personal income tax to r…
PTI
7 mins read
Interest income from your investments is taxable - here's how to calculate what you owe and ways to lower it
Most interest income is taxable on both federal and state levels, and you pay taxes on interest inc…
Janet Berry-Johnson
1 min read
No, The Rich Do Not Pay 'All The Taxes'
And people with low incomes who don't pay federal personal income tax do pay lots of those other ta…
Josh Barro
2 mins read
Govt stares at tax shortfall of Rs 2 lakh cr; room for personal income tax relief limited
New Delhi, Jan 26 () Tax collections in the current fiscal may fall short of targets by as much as …
PTI
3 mins read
Billionaires made enough during the pandemic to pay off everyone's student loans
Forget cancelling student debt. Americans for Tax Fairness found that billionaires' collective weal…
Juliana Kaplan,Ayelet Sheffey
2 mins read
New income tax regime big disincentive to investment: Analysts
Mumbai, Feb 1 () Tax experts and analysts on Saturday said the optionality clause in the new income…
PTI
2 mins read
Americans Are Spending More Even As They're Earning Less
It's the kind of cut that's especially painful because it's pretty much out of our hands. We're lef…
Megan Durisin,Mandi Woodruff
2 mins read
New tax regime may not be necessarily beneficial for all taxpayers: Experts
The new tax regime (NTR) will now be considered as a default regime, but it may not necessarily be …
2 mins read
Ex finance secretary favours 4 rate income tax structure without cess
New Delhi, Jan 19 () Ahead of the Budget, former Finance Secretary S C Garg on Sunday suggested a s…
PTI
1 min read
After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters
As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…
PTI
2 mins read
Two-thirds taxpayers likely to shift to new regime in 2023-24 itself: CBDT chief
The income tax rebate limit available for salaried and individual taxpayers under the new income ta…
ANI
2 mins read
Bill Gates' Home State Is The Best Place For Rich People
The wealthiest 1 percent in the state of Washington — who bring in an average income of $1.1 millio…
Megan Durisin
3 mins read
What tax bracket am I in? Here's how to find out
How much you pay in income taxes depends on several factors, including whether you're single or mar…