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 ...

Some Democrats voted with Republicans Tuesday to pass a half-a-percent cut to Kentuckians’ individual income tax rate.

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

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

NRIs who opt for the new tax regime may get some benefits, but they are not eligible for the Section 87A rebate ...

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

In accordance with the proposed Finance Bill 2025, the rebate under Section 87A is now applicable up to a total income of Rs ...

Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...

Following the Budget 2025, Section 87A of the Income Tax Act now offers marginal relief for taxpayers under the new tax ...

Tax season may never be seen as fun, but this year provides Washington a perfect opportunity to make it less confusing.