If you have any assets to pass on after you die, be they physical ones like property and other possessions, or cash-based, ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

Private equity’s favorite tax break is back in President Donald Trump’s crosshairs. Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Inc ...

In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...

At a rally this month in Las Vegas, President Donald Trump pledged to work with Congress to end taxes on tips.

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

If you have been diagnosed with an SMI and live alone, you could be entitled to a 100% discount and not have to pay any council tax. Persons classed as part of SMI and living with an adult carer could ...

Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

Idaho has an opportunity to honor our veterans while strengthening our workforce. House Bill 40, sponsored by House Speaker Mike Moyle (R-Star), would expand income tax exemptions for military ...

The Telangana High Court reviewed a writ petition filed by Global Organisation for Development against the Commissioner of Income Tax (Exemptions), challenging the rejection of its application under ...

ITO before ITAT Mumbai focused on the disallowance of exemption under Section 54 of the Income Tax Act, 1961. The assessee had sold a residential property and reinvested in four new flats in the same ...

On Thursday, the budget was finally adopted after a two-month delay. Here are some of the measures in the legislation.