New Income Tax Regime, Income Tax Calculator: The Income Tax department has released a "tax calculator" to assist taxpayers in calculating the tax and determine which tax regime they are comfortable ...

Rachel Reeves has unveiled huge tax hikes of £40bn in her Budget as Labour bids to fix the nation’s finances. Key policies include a hike in employers’ national insurance contributions, a rise in ...

Several sources have told The Hill that adding a VAT to the current tax code is being discussed as one way of controlling the deficit. These sources say the VAT would likely be in addition to the ...