House Republicans are likely going to miss a key self-imposed deadline in the budget reconciliation process amid ...

The Brihanmumbai Municipal Corporation (BMC) has in its budget for the financial year 2025-26 allocated Rs 1,000 crore for ...

France’s prime minister has used special executive powers to get the 2025 budget approved without a vote by lawmakers ...

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher exemptions to simplified compliance, the reforms aim to boost savings, investment, ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

The highlights include new tax relief, such as a “Second Amendment Summer” tax holiday from Memorial Day to July 4, exempting ...

Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.

The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income from other sources’ like earlier ...

The House continues to struggle with questions about a budget package while the Senate plows through more Cabinet nominees.

French Prime Minister Francois Bayrou will use constitutional powers on Monday to pass the much-delayed 2025 budget, which is ...

A top official at the General Services Administration said artificial intelligence could be used to identify waste and ...