News

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...
A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of ...
TPC found that, on average, all income groups would benefit from the tax proposals. But more than two-thirds of the tax cuts ...
Mumbai, on April 17, 2025, held that long-term capital gains (LTCG) tax exemption under Section 54 cannot be denied by the ...
Others prohibited using chemicals to control the weather, allowed NIL for high schoolers, and made illegal gambling a felony.
Michigan lawmakers discussed the mechanics of a tax exemption that would put fetuses on par with children when claiming ...
GOP tax reform bill proposes expanded deductions, CTC, and tip exemptions, some benefits could reach low-income families, but ...
The 389-page bill includes numerous tax provisions, including a top individual income tax rate of 37%. An AICPA statement ...
A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union ...
If passed by the House and the Senate, a measure to eliminate the federal income tax on overtime pay would be in force until the end of Trump's term.
Missouri is poised to become the first state to repeal a common tax on profits from stocks and real estate sales.
Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has issued Notification No. 47/2025-Income Tax dated 13th May 2025, granting tax exemption to the Telangana State Pollution Control ...