Income Tax: The Union Budget 2026 introduces amendments to the Income Tax Act that simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers.

Cryptocurrency gains in India are taxed at 30% with 1% TDS under the VDA regime. Budget 2026 strengthens reporting rules, making accurate disclosure and reconciliation in ITR essential for ...

The 2025 Act restructures and renumbers sections across all five heads of income. Understanding the old-to-new section comparison is essential for accurate interpretation from FY ...

The so-called “millionaires tax” was approved by Washington’s Senate on Monday, advancing a measure that would create a 9.9% tax applied to taxable, personal annual income that exceeds $1 million. Gov ...

The good news? The average dollar amount of tax refunds issued so far is up. The rough patch? The IRS has processed far fewer returns in the first two weeks than a similar time frame a year ago. The ...

The proposal would raise the standard deduction and lower the state's income tax rate. To pay for the tax cut, the plan would eliminate or reduce various tax breaks for businesses and industries.

ATLANTA — Georgia Senate Republicans are behind a plan to eliminate state income tax in stages, but the state would have to get rid of the tax credits used to entice businesses to locate here.

Wisconsin seniors will get a bigger break when filing state income taxes this year. Retirees can now subtract $24,000 in retirement income on their state forms, or double that amount for joint filers.

Virginia Gov. Abigail Spanberger (D) hugs Del. Karrie Delaney (D-Fairfax) after delivering her State of the Commonwealth address on Jan. 19. (Steve Helber/AP) Virginia Gov. Abigail Spanberger (D) won ...

The folks who run Olympia want a personal income tax. The good news? They say only the rich will pay. The bad news? We know better. These things start small and grow. They always have and they always ...

Washington lawmakers introduced the long-awaited income tax on millionaires late Monday night, marking a historic step in the decades-long debate over how the state funds its government. According to ...

"Mississippi will no longer tax the work, the earnings, or the ambition of its people," Mississippi Gov. Tate Reeves boasted last March in a statement that captured low popular opinions of income ...