On 1st February 2025, during the Union Budget presentation, Finance Minister Nirmala Sitharaman announced an increase in the nil tax slab to Rs 12 lakh, providing substantial relief to middle-class ...

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Income Tax Calculations: Taxpayers get the benefit of marginal relief when they file their income tax return (ITR). In the new tax regime applicable for the income earned in the financial year 2025-26 ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

Congress can act constructively on energy and doesn't need omnibus legislation to do it. It demonstrated this ability recently by passing tax relief oil and gas producers have sought for many years.