Consumers are facing short-term price increases as the country transitions to the Goods and Services Tax (GST) system, with the burden of double taxation embedded in the cost of pre-GST inventory ...
This amendment is intended to provide financial relief to pensioners and beneficiaries of certain social security payments.
It simplifies tax compliance and household filing. Joint filing could reduce paperwork and make it easier for couples to manage their tax affairs together. It could relieve tax burden for many ...
Income Tax Refund Update: The last date to file income tax return is 31 December, which is just seven days later. Meanwhile, the income tax department has been sending bulk SMS and emails to some ...
Many taxpayers claimed to have received a message from the Income Tax Department about a mismatch in ITR, and if you are one of those, don't panic. This is a common issue that can be resolved by ...
The Income Tax Department has reportedly started sending bulk SMS and email alerts to taxpayers for Assessment Year 2025-26, placing refunds on hold under its risk management process due to ...
Gov. Bob Ferguson has thrown his support behind an income tax on millionaires, backing what would be a seismic shift in Washington’s tax code. At a budget news conference Tuesday, Ferguson endorsed a ...
The Income Tax Act 2025 limits digital access to search and survey operations only Honest taxpayers are not affected by digital data access under the new law Income Tax Department cannot access ...
OLYMPIA – Gov. Bob Ferguson said Tuesday he supports a state income tax on those who make more than $1 million a year. The proposal, he said, would be tied to reducing sales taxes on baby and hygiene ...
FRANKFORT, Ky. (WKYT) - Kentucky’s individual income tax rate will drop to 3.5% on Jan. 1, 2026, cutting state revenues and tightening lawmakers’ budget choices as they prepare the next two-year ...
JEFFERSON CITY, Mo. — Nine states across the United States have already eliminated their state income tax. Now, Missouri lawmakers are laying the groundwork to make the Show Me State number ten with ...
Senate and House budget chiefs Sen. Michael Rodrigues and Rep. Aaron Michlewitz at a hearing in February 2020. (Sam Doran/SHNS File) Editor's Note: This is an excerpt from WBUR's daily morning ...
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