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The Williams High School Accounting Department and Academy of Finance students are offering free tax preparation for lower-income individuals.

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Union Budget 2025: Finance Minister Nirmala Sitharaman announced there will be no tax on income up to Rs 12 lakh under the new tax regime. "Slabs and rates being changed across the board to benefit ...

The method of accounting opted for the assessee determines the accuracy of the income reported in the financial statements. Reporting of income can be carried out after making suitable income ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs. The ...

The amount you pay the IRS each year is determined by your tax bracket. That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable ...

Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, announced a major relief for taxpayers by raising the tax exemption limit to Rs 12 lakh under the new income tax regime.

Reuters In her Budget 2025-26 speech, Union Finance Minister Nirmala Sitharaman proposed that there would be no income tax on income up to Rs 12 lakh. Sitharaman also announced the restructuring of ...

announced that there will be no income tax payable on income up to ₹12 lakh. The FM, apart from rejigging the income tax slabs, has also increased the tax rebate available under Section 87A. This will ...