New research shows that raising the top marginal income tax rate could reduce inequality and raise revenue without slowing ...

IV. When the tax calculator suggests you opt for it: As they say, there is always more than what meets the eye. Therefore, to make an objective assessment, it is recommended to use the income tax ...

Natalie toggles between news stories and enterprise reporting to bring timely personal finance topics to readers. Her mission is to help inform people of all financial backgrounds about events ...

To ease tax payments, the Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal, allowing users to pay without logging in or using a password.

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. President Trump has many times suggested that tariff revenue could replace the ...

In the new financial year, taxpayers are gearing up to file their income tax returns (ITRs) for FY2024-25 (Assessment Year 2025-26). At the same time, these taxpayers do their math to check how ...

This form is also for people who are not eligible to file their Income Tax returns under ITR-1, ITR-2 and ITR-4. The latter pertains mainly to presumptive taxation under sections 44AD and 44ADA ...

Amazon CEO Andrew Jassy, on the other hand, enjoyed a significant windfall. Based solely on the $263 million in salary and ...

Here are some popular tax credits you don’t want to skip. Some could be expiring this year. You may qualify for the Earned Income Tax Credit The earned income tax credit (EITC) is a federal tax ...

The Income Tax Bill, 2025 was introduced in the Lok Sabha recently. It seeks to modernise and simplify the Income Tax Act, 1961. While the Bill is indeed shorter in length than the original Act ...

Investopedia / Candra Huff A marginal tax rate is the percentage of tax applied to each additional dollar of income within a specific bracket, rather than being applied to the whole income.

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