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Senate advances its tax overhaul. Debate centers on who the proposal would help
The Senate plan stops short of eliminating the state individual income tax as the House is proposing. Both would raise taxes ...
Wisconsin Republicans propose $10,000 income tax break for California wildfire relocations
People who lost their homes to Hurricane Helene or California wildfires could get a sizeable tax break to move to Wisconsin.
Nine million state pensioners to be hit with income tax bills next year
Retirees will be dragged into paying income tax on their state pension as early as next year, fresh analysis suggests.
House committee halts measure that would eliminate personal income tax
State Rep. Rod Montoya acknowledged Monday he had no illusions about the likely fate of a measure that would eliminate the ...
Fair Share for Maryland advocates argue for more progressive approach to state tax reform
A progressive plan to increase taxes on wealthy individuals and corporations while giving a tax cut to lower- and moderate-income families appears on track to pass the Maryland General Assembly.
Income Tax Bill: ICMAI submits memorandum to LS appointed 31-Member select committee
ICMAI advocates for cost accountants to be included in the definition of accountants under the Income Tax Bill 2025.
Worried About Your Tax Bill? Try This to Save Money and Boost Your Retirement Savings
Tax season is upon us once again, and while many Americans can look forward to a refund in the coming weeks, that's not the ...
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Simplified Income Tax Bill 2025 Set to Transform Tax Framework
The Income Tax Bill 2025, reforming the outdated 1961 Act, is expected for parliamentary introduction. It simplifies tax reporting by introducing a 'tax year' concept and eliminating complex terms.
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New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in the Lok Sabha on Thursday, February 13, 2025. Once enacted ...
Here’s how Philadelphia homeowners can apply for the city’s low-income real estate tax freeze program
Eligible Philadelphia homeowners have until Feb. 28 to apply for the city’s Low Income Real Estate Tax Freeze program.
New Income Tax Bill 2025: For common man, better understanding of law and smoother tax compliances expected
The language used in the Bill at many places is extremely lucid and is reader friendly as it has tables and formulas as ...