For income between £12,571 and £50,270, you must pay the basic rate of 20 per cent tax. Above this, people must pay 40 per ...

The number of higher-rate taxpayers is projected to surge by 2.5m in 2025-26 due to the freeze on tax thresholds. The Office ...

The plan would reduce the state’s $7 billion general fund by $1.1 billion over 10 years. Losses would be partially offset by ...

Some 7 million will pay 40 percent tax on some of their income through 2025-2026, according to the Office for Budget ...

A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...

The standard deduction, which reduces the taxable income, has been increased from Rs. 50,000 to Rs. 75,000. Additionally, the income threshold for the 5% tax rate has been raised from Rs. 5 lakh to Rs ...

Portland businesses' paid taxes surged by 82% from more than $781 million in 2019 to more than $1.4 billion in 2023.

Major campaign to stop people being hit by 'fiscal drag' meaning they're paying a lot more income tax finally gets official ...

President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., ...

Income Tax: Learn how recent amendments to Section 112 of the Income Tax Act impact capital gains tax, including indexation rollback and new t... January 20, 2025 4578 Views 1 comment Print TDS Rate ...

The petition calling for the amount people can earn before paying tax to be increased has received more than 32,000 ...