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Nirmala Sitharaman Says New Income Tax Bill Likely To Be Presented In Lok Sabha Next Week
The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...
A tax credit worth up to $7,830 often goes unclaimed: See who qualifies for the EITC
(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible ...
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Union Cabinet Approves New Income Tax Bill To Replace Six-Decade-Old Law: Report
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the New Income Tax Bill on Friday (7 February), setting ...
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IRS: 5 MUST-HAVE requirements for your income tax return
The IRS has outlined key requirements to help you file your 2024 tax return accurately to avoid common mistakes and maximize ...
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Do I qualify for the Earned Income Tax Credit?
To qualify for the EITC, you must have under $11,600 in investment income and earn less than a specific income level from wor ...
India with Budget 2025: New Income Tax Law cleared by Cabinet, says Finance Minister
The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...
Digital Nomad Visas In Europe With Low Monthly Income Requirements
If you work remotely, you could consider mixing work with travel and seeing more of Europe on Digital Nomad visas. Here are ...
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Income Tax Act | Offence Committee Before Show-Cause Notice Compoundable As Covered By 'First Offence' In Compounding Guidelines : Supreme Court
The Supreme Court on January 7 set aside the Gujarat High Court's judgment dated March 21, 2017, through which the rejection to the compounding application of the Appellant for the assessment ...
If Rs 12 lakh is your taxable income, you should know this; check tax outgo calculations
Among the key changes announced was the introduction of a provision under which individuals with a taxable income of up to Rs ...
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Former Mass. Senator sentenced to prison for tax fraud
Former Massachusetts State Senator Dean Tran was sentenced in federal court for scheming to defraud the Massachusetts ...
Delhi Election Results: Did Nirmala Sitharaman’s Income Tax cuts fuel BJP’s capital gains?
As the Delhi Assembly Election results unfold, the impact of Nirmala Sitharaman’s recent tax cuts is under scrutiny. Did the BJP’s focus on the middle class alter voter preferences in a city where ...
Montgomery County residents receive free tax help
A group of volunteers spent part of their Saturday to offer free tax preparation to Montgomery County residents for free. Saturday was the 18th annual Super Refund ...