Simplifying Taxes: Is the Income-tax Act 2025 on the cards?
Union Budget, Finance Minister Nirmala Sitharaman offered a glimmer of hope by announcing a six-month review of the 1961 Act.
Budget 2025: How taxpayers with more than Rs 19 lakh income are paying extra tax; expert explains tax outgo
Taxpayers and experts are anticipating that the upcoming budget will include a comprehensive revamp of the income tax system, ...
Missouri lawmakers kick off tour to promote legislation that would eventually eliminate the state income tax
Representative Bishop Davidson and Senator Curtis Trent spoke at the event hosted by Americans for Prosperity. The group is ...
Income Tax Cuts Advancing In Numerous State Capitals
More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will ...
justthenews8h
In Las Vegas speech, Trump floats eliminating federal income tax 'if the tariffs work out'
President Trump said the U.S. could possibly eliminate the federal income tax if his tariff plans work out as intended. "If ...
5 tax strategies for high-income earners
Tax season’s here, and high-income earners need more than just festive cheer. Learn 5 strategies to boost savings and ...
Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...
Tax Guru3h
Sumptuary Allowance: Income Tax Exemption for Judicial Officers?
The sumptuary allowance for judges as defined under the Supreme Court and High Court Judges Acts is exempt from being treated as income under the Income Tax Act, 1961. However, for other judicial ...
It's too late for Waymart Borough Council to enact an earned income tax for 2025
It's too late for Waymart Borough Council to revisit the 2025 budget and add a tax. A deficit led council to cut police hours ...
Coeur d'Alene Press1d
File income tax returns starting Jan. 27
Idaho is participating in the IRS Direct File program. An estimated 210,000 Idaho taxpayers will be eligible to use the free program, a press release said.
Proposal: eliminate income tax, add 5% tax on gas, allow cities, counties to levy local sales tax
Mississippi House leaders have unveiled a tax cut proposal that would eventually abolish the state income tax, slash taxes on ...
Lewiston Tribune1d
Mike Moyle proposes reducing income tax
BOISE — Idaho lawmakers will consider significantly reducing income taxes this year, resulting in an anticipated $253 million ...