(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 ...

Income tax portal revamp introduces new forms, integrated payment module and essential quick links, helping taxpayers in the ...

The new law replaces the 1961 Act while retaining continuity for past years. The key takeaway is that compliance remains similar but requires careful transition ...

The Income Tax Department has clarified that taxation depends on the date of payment, not when the salary is earned. Salary paid by March 31, 2026, will fall under the Income-tax Act, 1961, while ...