Starting in tax season 2025, more taxpayers will be able to file their taxes online for free with the Internal Revenue ...

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

The time-series data reveals another trend -- of personal income tax collections surging higher than corporate tax ...

If you're seeking clarity about the differences between income tax and GST, you're in the right place. Explore the difference ...

Direct indexing strategies offer greater tax efficiency and the ability to customize a portfolio with individual stocks.

Total number of taxpayers surged to 10.41 crore, from 5.70 crore in FY15, as per the data. The number of tax returns more ...

CBDT data shows direct tax to GDP ratio in India improved to 6.11% in FY23, with significant state-wise variations.

Poverty, at its core, is a lack of cash — money for meeting basic needs, optimizing choices and moving from mere survival to ...

Direct tax collections have surged 182 per cent to over Rs 19.60 lakh crore in 2023-24 in the 10-year period of Prime ...

The number of individuals reporting taxable incomes exceeding Rs 1 crore has surged fivefold in the assessment year 2023-24 ...

The latest 'Time Series Data' released by the Income Tax Department showed that the corporate tax collections more than ...

The mop-up includes personal income tax collection of Rs 5.98 lakh crore and corporate tax collection of Rs 4.94 lakh crore ...