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Republican legislation to revamp SC state income tax would increase bills for a quarter of taxpayers
House Bill 4216 is awaiting Senate action that could come within weeks. It’s a Republican-pushed measure that was revised ...
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Taxable income: What it is and how to calculate it
The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.
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Taxable income between ₹8 lakh and ₹15 lakh: Old vs new income tax regime explained with clear calculations
With every Union Budget, one of the most closely watched announcements by India’s middle class revolves around personal ...
Amid surging complaints by taxpayers over stuck income tax refunds for the ongoing assessment year 2025-26, the Income Tax Department on Tuesday said certain taxpayers have “claimed ineligible refunds ...
Income Tax Refund Update: The last date to file income tax return is 31 December, which is just seven days later. Meanwhile, the income tax department has been sending bulk SMS and emails to some ...
A viral social media claim that the Income Tax Department will access private digital accounts from April 1, 2026, to curb tax evasion has been debunked by the PIB Fact Check team. The department's ...
Gov. Bob Ferguson has thrown his support behind an income tax on millionaires, backing what would be a seismic shift in Washington’s tax code. At a budget news conference Tuesday, Ferguson endorsed a ...
The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE campaign, the department is sending emails and SMS messages. Taxpayers are urged ...
Several multinational corporations (MNCs) operating in India are actively encouraging their employees to declare any undisclosed foreign assets or income. This urgency stems from direct communications ...
FRANKFORT, Ky. (WKYT) - Kentucky’s individual income tax rate will drop to 3.5% on Jan. 1, 2026, cutting state revenues and tightening lawmakers’ budget choices as they prepare the next two-year ...
From April 1, 2026, the income tax department of India is set to enter a new digital phase. Under the proposed Income Tax Bill, 2025, tax officers will be legally authorised to access your bank ...
We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...
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