In the last Budget 2024-25, the finance minister introduced several measures to make the new tax regime more appealing ...
The state’s surtax on incomes over $1 million, approved by voters in 2022, is doing what it was intended to do: creating more ...
The Union Budget 2025 presents a crucial opportunity to streamline and simplify TDS and TCS rules, enhancing clarity, ...
The government in FY26 Budget should announce an effective personal income tax cut to support consumption and demand, ...
As healthcare costs continue to increase rapidly, experts call for an increased outlay for public healthcare spending.
That's one of the big takeaways from POLITICO Playbook’s First 100 Days: Tax Reform event, where a trio of lawmakers who ...
The U.S. Department of Energy (DOE) has launched the free 179D Portal for estimating tax deductions for energy-efficient ...
Temporary versions of bonus depreciation schedules, such as the one in Tax Cuts and Jobs Act, appear to be low-cost, since ...
A New York Republican says that President Trump supports reverting to an unlimited deduction for state and local taxes, ...
That's according to statements by Rep. Mike Lawler, a New York Republican who has led the charge within his party to repeal the state and local tax (SALT) cap, as part of the 2017 Tax Cuts and Jobs ...
New York, New Jersey and California Republicans made a pilgrimage to Mar-a-Lago recently to reiterate their demands to lift the so-called SALT cap, which limits the deduction to $10,000, in ...