Whitmer's budget plan leaves unanswered questions on Michigan roads, economic development
Gov. Whitmer has called the conclusion of road funding and economic development initiatives "big obstacles." They loom over ...
Va. General Assembly advances budget bills that cut taxes, fund schools
The House of Delegates and Senate passed similar budget bills Thursday, setting the stage for negotiations with Gov. Glenn ...
Virginia's Democratic-led House and Senate pass separate proposals for amending the state budget
RICHMOND, Va. (AP) — Virginia's Democratic-led Senate and House of Delegates debated tax relief and economic stability ...
Income Tax Bill News LIVE: New bill may get cabinet approval tomorrow, likely to be introduced next week
The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha ...
Decoding The Mystery Of Rs 12 Lakh Tax Exemption & Capital Gains tax
The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.
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 ...
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New Income Tax Bill unlikely to be tabled in Parliament this week! Here’s all you need to know
The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax ...
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New income tax bill likely to be approved by Cabinet today: What to expect and key changes
The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...
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Economists question sustainability of Kentucky budget in wake of another income tax cut
Governor Andy Beshear signed a bill cutting the state's income tax by half a point from 4% to 3.5% Thursday marking the third tax reduction in as many years.
RBI follows budget's big tax relief with rate cuts, consumption set to get double-barreled boost
The RBI, finally uncaged the interest rate tool to take down the consumption slowdown monster.On Friday, Governor Sanjay ...
New Income Tax bill meant to be understood by citizens, not just lawyers: Finance Secretary
"It will be simple, with no provisos or complicated language,” Tuhin Kanta Pandey said, highlighting the significant ...
ITR filing: Does a taxpayer with income below Rs 12 lakh have to file IT returns after Budget 2025?
The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...