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Tax Cut News

IRS issues new guidance on ‘No Tax on Tips' and overtime: Here are the details

IRS introduces Schedule 1-A for 2025 returns with deductions on tips, overtime pay, car loans, and seniors’ tax breaks

Published 254 days ago

State of the economy and economic sentiment | Number Theory

The GST rationalisation is clearly an attempt to boost spending in the economy and generate tailwinds for not just growth but even revenue creation.

Published 314 days ago

GST rate cut: What is getting cheaper from September 22?

The new GST rates come into effect on September 22, the first day of Navratri.

Published 317 days ago

Signed and sealed, President Donald Trump's ‘Big Beautiful Bill’ explained

Donald Trump's bill also has provisions for funding the US's national security with around $350 billion.

Published 394 days ago

How Big Beautiful Bill will change tax by income bracket | Explained

Big Beautiful Bill is expected to bring several changes to income tax

Updated 395 days ago

Between the rich and the poor, the middle is stuck

Personal income taxes, paid by less than 5% of the total population, pulled 19% of the almost <span class='webrupee'>₹</span>45 trillion total budget burden in 2023-24. (Photo by Santosh Kumar / Hindustan Times)

Published 570 days ago

Netizens troll Centre over 'absurd' popcorn tax; ‘Are these your priorities?'

Netizens troll Centre over popcorn tax slabs

Published 588 days ago

Musk's most brutal swipe at Biden over ‘gay’ attack leaves netizens laughing

Reacting to Biden's remarks, Musk quipped with laughter emojis, “He called me “gay” and now he wants to touch my ass.”

Updated 638 days ago

Texas tax-free weekend 2024: Complete guide to eligible school supplies & more

A complete guide about school supplies free of tax during Texas tax-free weekend.

Published 727 days ago

Reforms of new tax regime may reduce tax burden and allow option to choose again

Nirmala Sitharaman pictured at the Lok Sabha on July 23, with the Union Budget

Published 740 days ago

UK finance minister Kwasi Kwarteng sacked after tax cuts spark outrage: Report

Britain's finance minister Kwasi Kwarteng.

Updated 1389 days ago

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