Annual adjustments to retirement benefits, FEHB costs, Social Security rules and TSP limits are now taking effect.
A new bipartisan bill at the Ohio Statehouse would place an income limit on families wanting to get state vouchers to attend ...
The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...
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Income tax prosecutions rationalised; maximum jail term reduced to 2 years: Finance Minister
Finance Minister Nirmala Sitharaman proposed reforms to simplify the prosecution framework under the Income Tax Act while ...
Under the new tax regime for FY27, salaried individuals below 60 years of age will continue to pay no tax on income up to ₹4 lakh. Income between ₹4 lakh and ₹8 lakh will be taxed at 5%, ₹8 lakh to ...
In 2026, the wage base limit is increasing to $184,500. This means that Social Security taxes will now be charged on income ...
In the Union Budget 2026, the Section 87A tax rebate, given in Income Tax,remain unchanged, disappointing taxpayers who had hoped for an increase to b.
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For taxpayers without significant deductions, the new regime remains the simpler choice, even without any recent changes this ...
Finance Minister Nirmala Sitharaman will present Budget 2026 in a matter of just few hours. Ahead of the Union Budget 2026, ...
Retirement savings streamlined by removing 12% tax ceiling on employer Provident Fund contributions and providing companies ...
A bipartisan pair of Ohio House lawmakers drafted a bill that would cut families making more than $500,000 a year off Ohio's universal private school voucher system. Its Republican sponsor, Rep.
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