Tax changes to assist victims of Helene could mean waived fees, higher refunds
The North Carolina Department of Revenue is waiving penalties for delayed tax returns to assist Hurricane Helene victims and ...
What is new income tax bill?
The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...
Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...
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Which tax bracket am I in, and how much is the standard deduction?
Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...
Budget 2025: New Income Tax bill will be clear and direct, says Nirmala Sitharaman. What does this mean?
New Income Tax Slabs in Budget 2025: During her presentation of the Union Budget for 2025-26, Finance Minister Nirmala ...
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New Income Tax Bill may simplify existing laws, but it comes with a sting in its tail
Tax simplification should not be seen as a one-time effort but as a continuous process that evolves with changes in the economy, technology, and global practices.