Kentucky Gov. Andy Beshear signed a bill into law which will reduce the personal income tax for millions of Kentuckians.
A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...
The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...
The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...
The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...
The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
The proposed legislation, as announced by Finance Minister Nirmala Sitharaman during the Budget 2025, will prioritise ...
The Finance Secretary reportedly that the income tax bill prioritises simplification and will focus on lowering penalties for ...
Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.
At a rally this month in Las Vegas, President Donald Trump pledged to work with Congress to end taxes on tips.
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 ...
Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...