The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

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The revised tax system is set to be implemented starting from the fiscal year 2025-26, affecting taxpayers in the assessment year 2026-27.

A petition calling for the UK Government to increase the personal tax allowance from £12,570 to £20,000 has gained over ...

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Financial advisers have been snapping up UK government bonds on behalf of their clients to meet surging demand, as investors seek attractive income streams and tax-free gains.

The new income tax bill, which replaces the Income Tax Act of 1961, will be presented in Parliament during the ongoing Budget ...