India's new Income Tax Act, 2025, will replace the 1961 law from April 1, 2026. Learn about key changes, including the "tax year" concept and simplified ...

Taxpayers now have until September 15, 2025, to file their ITR for FY 2024-25, following a 45-day extension. Here are the tax ...

Salaried taxpayers with income from house property, LTCG, and other sources can file ITR-1 online following a step-by-step ...

The budget lowers the state’s highest income tax bracket over the next two years. For tax year 2025, the highest bracket will be reduced from 3.5% to 3.125%.

The rates are 0%, 15%, or 20% depending on your income level, which is generally lower than ordinary income tax rates. For 2025, the 20% rate applies to single filers above $533,401 and married ...

The income tax rate applied to the excess of a certain threshold, known as a marginal rate, has fallen for middle-income New Yorkers by more than .1 percentage point in other years.