Trump could stick it to Wall Street and Silicon Valley with this tax proposal
President Trump reignited a longstanding debate over a key tax provision that benefits venture, private-equity and hedge-fund managers after announcing his intention to close the so-called ...
Cabinet okays bill to replace Income Tax Act, may be tabled in parliament soon
The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her ...
Trump looks to end a controversial tax loophole that has enriched Wall Street’s wealthiest for years
President Donald Trump is mounting another effort to eliminate a controversial loophole that has long allowed Wall Street’s ...
Union Cabinet clears new Income Tax Bill 2025 to replace existing Income Tax Act-1961: Report
The main objective of the bill is to streamline and modernise India's tax system by simplifying legal language to ensure that ...
Cabinet clears new income-tax bill; sections likely to be reduced by 30%
In addition, the official stated that in the new income tax bill, authorities have not been given excessive powers ...
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Major property tax bill clears committee with flexibility on caps
Montpelier, presents an amendment to a property tax bill on Feb. 6, 2025. (Mary Steurer/North Dakota Monitor)BISMARCK, N.D.
Tax season is back. So are the fake IRS emails, texts and other financial scams out for your refund
The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...
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New Income Tax Bill Greenlit By Union Cabinet To Streamline Taxation Framework: Report
The Finance Secretary reportedly that the income tax bill prioritises simplification and will focus on lowering penalties for ...
Gov. Beshear announces income tax cut for Kentuckians: Here’s when the change will take effect
This has been supported by Republicans. It’s been supported by Democrats. In the end, I support it because it’s going to help you,” the governor said before putting pen to ...
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New income tax bill gets Cabinet nod, may be tabled in Lok Sabha on Monday: Sources
The new legislation, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, ...
Union Cabinet Approves Income Tax Bill, Return Filing To Get Easier After Parliament's Clearance
The new income tax bill, which will replace the six decade old Income Tax act, 1961, has been drafted within six months and efforts have been made to simplify the language to make tax compliance ...
New income tax bill: What it could mean for taxpayers and how it can impact them
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the ...