Premium accounting software may feel out of reach if you’re on a tight budget, but don’t fret. There are plenty of free options available. Contenders like Wave Accounting offer meaningful ...

The Union Budget 2025-26 raised the tax-free income limit to Rs 12 lakh for FY26 via rebate under Section 87A of the Income Tax Act, 1961. Currently, it is Rs 7 lakh for the ongoing FY 2024-25. So, ...

The Department of Education is reopening three revised income-driven student loan repayment plans just weeks after the agency suspended the programs, the agency announced Wednesday. IDR loan ...

The bill includes a phased elimination of the state income tax, a reduction in grocery sales tax, and an increase in the gasoline tax. While proponents argue the tax cuts will boost the economy ...

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The new income tax slabs under the new tax regime hiked the basic exemption limit from Rs 3 lakh to Rs 4 lakh. This means that individuals having a total income below Rs 4 lakh between April 1, 2025, ...

Provincial Liberal leadership candidate John Abbott has announced a plan to introduce a targeted basic income for seniors aged 65 and older. Abbott says seniors are especially vulnerable to the high ...

Have you found this content useful? Use the button above to save it to your profile. With MTD for income tax now only 12 months away, it’s important to decide how you’re going to manage the ...

“Income Tax Law did not give legal backing to check digital assets, so have included it. Added checking of digital elements in the Income Tax Act, Law should give legal backing,” said FM ...

The Finance Bill 2025 was passed in the Lok Sabha on Monday (March 25). Following this, the Income Tax Department released FAQs explaining key amendments. These changes impact investment funds, ...

Archer-Daniels-Midland Co. plans to slash Chief Executive Officer Juan Luciano’s annual cash bonus and laid out a new policy to claw back long-term awards in a bid to “ensure accountability ...