Tariffs May Add $1,700 To Average Tax Bill, Hike Prices And Cut Income, Say Experts
Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring them to pay more for tariffed goods.
Income tax cut, artificial intelligence bills on tap for Kentucky General Assembly
Kentucky lawmakers will start meeting again on Tuesday afternoon. The Senate could vote to reduce the state income tax first thing.
Ten million pensioners to be hit with income tax bills
Ten million pensioners will be paying income tax by 2032, new figures reveal. Three quarters of retirees are set to be “dragged into the tax net” under current government policy, a rise of 15 percentage points in a decade, analysis by Sir Steve Webb, the former pensions minister, shows.
Indiana Senate approves income tax cut. Here's how much you would save.
Senate Bill 451 from Republican Sen. Travis Holdman could lower Indiana's income tax rate further starting in 2030, but it depends on revenue growth.
How new Income Tax bill makes life easier for taxpayers
The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for the digital era.
Sindh Approves Agricultural Income Tax Bill 2025
The Sindh Cabinet Monday approved the Agricultural Income Tax Bill 2025.  In a statement issued by the Chief Minister office, Sindh Chief Minister Murad
What is new Income Tax Bill, how is it different from tax cuts in Budget 2025?
With state governments handing out freebies to the poor leading to despondency in the middle-class, it was assumed that Finance Minister Nirmala Sitharaman would have no option but to make a big move to change the mood of the middle-class.
Income Tax slabs budget 2025: Zero income tax up to an income of Rs 12 Lakh
Indian Finance Minister Nirmala Sitharaman today (Saturday, Feb 1) presented the Union Budget for 2025-26, a day after unveiling the Economic Survey. Indian Finance Minister Nirmala Sitharaman on Saturday (Feb 1) announced a major relief for the middle class in India with a special tax exemption for salaried individuals.
Budget 2025: How Much Will You Save Under The New Income Tax Slabs?
How Much Will You Save Under The New Income Tax Slabs? Posted: 1 February 2025 \. Budget 2025: How Much Will You Save Under The New Inco
No Tax Up To Rs 12 Lakh: Old vs New Tax Regime – Which One Is Better For Rs 15-25 Lakh+ Income?
Union Budget 2025 brought major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing no tax on income up to ₹12 lakh. The move aims to boost consumption amid sluggish GDP growth and promotes the new tax regime over the old one.
Budget 2025: New tax regime vs. old tax regime – which one should you now opt for?
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 lakh a year.
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A Flat Income Tax Removes the Need for the IRS
A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...
Indiana bill tracker: Senate OKs income tax cut, parental rights bill. Here's what else moved
There's about 1,200 bills filed but only some of them will become law. Here, we're tracking the bills that actually progress ...
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Kansas legislative leaders indicate intent to introduce “No Tax on Tips” legislation in state
U.S. Senator Roger Marshall joined Kansas state legislators Monday to announce the legislators’ intent to follow the lead of ...
New income tax Bill to be introduced in Parliament next week, says Nirmala Sitharaman
The proposed new income tax law follows from the earlier Budget announcement for 2024-25. In July 2024, Sitharaman had ...
India’s tax laws set for a revamp: What is the new Income Tax Bill? How will it affect you?
Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...
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Sindh levies agri income tax on Centre's demand
The Sindh Agricultural Income Tax Bill 2025 is part of the commitments made under national fiscal agreements between the ...
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Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations
Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...
Tax-Union Budget 2025: All eyes on Direct Tax Code that may replace Income Tax Act, 1961 today -- all eyes on FM Sitharaman
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...