Bangladesh has an unusually high tax expenditure to GDP ratio despite having low revenue generation through direct tax.

If the fiscal deficit was brought down to 5.6% in 2023-24, it was more because of a cut in revenue expenditure than because ...

Death duties are set for sweeping changes on October 30 as Rachel Reeves (pictured) looks to inheritances to help boost the ...

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

The standard deduction will go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing separately.