The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Receiving a tax refund is one of the most anticipated events of the financial year. It is an opportunity to strengthen one's ...

A key point of contention was the society’s claim for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961, for interest income received from various banks, including nationalized banks.

Ohioans know that by fully and fairly funding our public schools we can prepare our kids and our state for an uncertain ...

As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, ...

Our Constitution was written to protect citizens from an over-reaching, all-powerful government. They had enough tyranny ...

DeWine's budget plan calls for hefty tax increases on cigarettes, marijuana and gambling to fund his policy priorities -- but ...

Republican lawmakers are exploring controversial proposals targeting higher education to offset the cost of extending ...

The ideas affecting higher education are among many in circulation among House committees that are exploring ways to cover the cost of extending and expanding tax cuts passed in President Donald ...