Rachel Reeves is reportedly considering raising income tax in her Budget next month in what would be a major break of one of Labour’s main manifesto pledges. Sources have told The Guardian that she ...

Income Tax: Did you miss out on something when filing the income tax return (ITR) for AY 2025-26? If that is the case, you can file an updated return. For those who are not aware, an updated income ...

Your savings account meets your monthly needs: salary, bills, EMIs, or sometimes transferring or receiving money. All this seems normal, but now the Income Tax Department is keeping a close eye on ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

Sir Tony Blair believes the top rate of income tax should be cut to below 40 per cent, putting him at odds with Sir Keir Starmer and Rachel Reeves. As the Chancellor prepares to increase taxes yet ...

The U.S. has a progressive income tax system -- which means that the more money you earn, the higher your marginal tax rate. The good news is that the tax brackets are changing for 2026 tax year, so ...

During the COVID-19 pandemic, millions of Americans packed up and moved — chasing sunshine, freedom and, let’s be honest, a lower tax bill. Fleeing from New York to Florida and California to Texas, ...

Tax authorities have raided the local offices of Graviton Research Capital LLP as the country steps up scrutiny of trading firms. The raid at Graviton’s offices near New Delhi began at the start of ...

The Income Tax Department has released the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26. Thus enabling taxpayers with capital gains, crypto earnings, foreign assets along with ...

Net direct tax collections grew 6.33% to Rs 11.89 lakh crore so far in AY 2025-26 as against Rs 11.18 lakh crore in the same period a year ago, mainly due to a sharp dip in income tax refunds, ...