The average borrower could see their monthly bill swell to $288 from $95 according to an early estimate by The Institute for ...

As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals ...

There's about 1,200 bills filed but only some of them will become law. Here, we're tracking the bills that actually progress ...

Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

The Kentucky legislature passed House Bill 1, which reduces the state's individual income tax from 4% to 3.5%.

Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

This proposed legislation seeks to replace the existing Income Tax Act of 1961, which has been in place for over 60 years.

The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

Experts have often called the current Income Tax Act of 1961 complex, cumbersome, and leading to a lot of litigations. The ...