Pr. George’s faces dire budget amid proposed state and federal cuts
The county’s budget director projected that Prince George’s will face a $170 million budget shortfall next year, which is ...
Budget 2025 income tax: Personal tax announcements from the Budget and their impact
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
Americans are tired of tipping. Experts say no tax on tips could make things worse.
At a rally this month in Las Vegas, President Donald Trump pledged to work with Congress to end taxes on tips.
Center on Budget and Policy Priorities3d
2025 Budget Stakes: High-Income Tax Cuts, Price-Hiking Tariffs Would Harm Families
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
Tax Guru2d
Budget 2025: Key Highlights of Income Tax Proposals
The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...
Trump wants to end a popular Wall Street tax break. What to know about the ‘carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...
New Income Tax Bill cleared by Cabinet: What is the New Income Tax Bill & why is it being introduced? Explained
The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...
ITR filing: Know the new Budget 2025 rules for filing updated income tax returns
Union Budget 2025 has proposed to extend updated return filing period to 48 months; understand the rules, benefits, and ...
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
No need to wait for Budget for Income Tax Relief! New Income Tax Bill may have unique features, likely to get cabinet nod today
Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the term “Assessment Year” with “Tax Year”, eliminating British era references ...
Income Tax: What is rebate under 87A which enables taxpayers earning upto ₹12 lakh to claim zero tax? An explainer
If you have seen the latest tax rates, you must have noticed that there is 5 percent tax on income between ₹4 to 8 lakh and ...