Experts say possible Canadian targets could include the federal digital services tax, the GST and this country’s sheltered ...
Citizens in Garvin County voted no on Tuesday against a penny sales tax that would have helped the county fund a new ...
Oklahoma Sen. James Lankford introduces a bill to prevent marijuana businesses from deducting business expenses from their ...
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.
High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...
The new tax regime will provide substantial relief, making it more attractive for taxpayers. No tax on income up to Rs. 12 lakh: The most significant update is that there will be no income tax ...
Sitharaman also proposed changes in the slab structure of the new income tax regime. Listen to Story Incomes up to Rs 12 lakh per year will attract no income tax New income tax regime slabs rejigged, ...
Finance Minister Nirmala Sitharaman has placed the middle class at the centre of Budget 2025, offering a significant tax relief that will ease financial burdens on millions of taxpayers. The highlight ...
25% tax rate introduced for incomes between Rs 20-Rs 24 lakh The Finance Minister said in Budget 2025 speech: "I am now happy to announce that there will be no Income Tax Payable up to income of 12 ...
According to the government, the new tax slabs and hiked rebate would bring relief to nearly 85% of 7.5 crore taxpayers. With the standard deduction of Rs 75,000, the Budget 2025 announcement ...
tax rebate is being provided in addition to the benefit due to slab rate reduction in such a manner that there is no tax payable by them,” she said during her speech. A person having income of ...
Giving the good news to tax payers, the Finance Minister stated, “There will be no income tax payable upto income of Rs. 12 lakh (i.e. average income of Rs.1 lakh per month other than special rate ...
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