Eligible Kentuckians can potentially save money in 2025 this tax season by submitting their documents through the IRS' Free File program.
It’s now the norm for Americans to file their taxes online — the IRS reports that more than 90 percent of individual tax returns were e-filed in 2023, the most recent data available. Even most profess ...
Taiwan has prohibited the use of Chinese AI tool, DeepSeek, in government departments due to potential data security risks and concerns over sensitive information being accessed by the Chinese ...
Finance minister Nirmala Sitharaman on Saturday announced income tax cuts in her eighth ... The central government's tax slab calculation. The minister also announced other tax measures and ...
Revised income tax slabs: Nirmala Sitharaman announced that annual incomes up to ₹12 lakh will be tax-free to stimulate consumption. Revised Income tax slabs: Union finance minister Nirmala ...
the government is still expecting the share of income tax in gross tax collections to increase in the financial year FY26. In contrast, the share of receipts from corporate tax in the gross tax ...
The EITC is designed for people whose earned income was under $66,819 for tax year 2024 (tax returns generally filed in early 2025). The amount you get will depend on your adjusted gross income ...
For 2025, you can deduct up to $2,500. The deduction starts phasing out for single filers if your Modified Adjusted Gross Income (MAGI) exceeds $75,000 and is completely unavailable at $90,000.
Story continues below this ad Enter Gross Salary (New Tax Slabs): Enter your salary without deducting exemptions such as HRA, LTA, professional tax, etc. Provide Additional Income Details ... Tax ...
Income Tax Calculator: In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced new tax rates under the revised tax regime, offering relief to taxpayers across various income ...