(The Center Square) – Every state that implemented an individual income tax since 1960 had both its gross domestic product and total tax revenue decline, Dr. Arthur B. Laffer of The Laffer Center told ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

Explains how the new tax regime under Section 115BAC impacts higher-income salaried taxpayers, analysing the 25% slab, loss of deductions, marginal tax effect, and whether salary hikes still lead to ...

The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.

Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.