Do I have to file state income taxes in Tennessee? Here's what states don't have a state income tax
Tax season is once again upon us. If you are filing in Tennessee for the first time, don't be concerned of not having a state ...
Kentucky lawmakers send bill to cut the state's income tax to the governor. He supports it.
Kentucky lawmakers completed their work Tuesday to reduce the state’s individual income tax rate, delivering on a top ...
Push to scrap income tax in Missouri raises questions about replacement revenue
Under a package of legislation sponsored by Rep. Bishop Davidson, R-Republic, Missouri’s current 4.7% tax rate for most ...
Income Tax Bill 2025: What’s new, what may change, and what we can expect?
The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...
Income Tax: 4 key reasons for which you should still opt for the old tax regime
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
Income Tax: ITR (U) filing deadline extended to 48 months – key details you must know
An updated tax return, filed as per Section 139(8A), permits taxpayers to correct omitted or inaccurate income declarations.
The Financial Express3h
New Income Tax Bill This Week: New tax law to change taxation rates? Get ready for THESE big changes
Sitharaman announced in her budget speech that the new Income Tax Bill will be introduced in Parliament "next" week. The ...
The Financial Express4h
Key changes in budget 2025 apart from tax-free 12 lakh income- Full details here
Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...
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Old Tax Regime Vs New Tax Regime: Which One Offers Better Deductions?
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
Center on Budget and Policy Priorities1h
Policymakers Should Expand the Child Tax Credit for the 17 Million Children Currently Left Out of the Full Credit
Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is ...
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Received an SMS on TDS from Income Tax dept? Here’s what you need to know
T Department's SMS to salaried taxpayers is meant to provide clarity on TDS deductions. However, some individuals may have misinterpreted the message and are wondering if they owe additional taxes.