According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.

Senate Bill 451 from Republican Sen. Travis Holdman could lower Indiana's income tax rate further starting in 2030, but it ...

The focus of the Union Budget 2025 will likely remain on continuing the momentum of economic reforms and maintaining the ...

AVON – A tax increase for many may not necessarily sound like a good idea, but in the case of the City of Avon, this tax ...

The Direct Tax Code is aimed at simplifying the tax laws and reduce the page count as numerous amendments over the years have made the Income Tax Act, 1961 complicated. The 1961 law has 23 chapters ...

Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...

Individual taxpayers, who saw limited changes in the July 2024 Budget, are now hopeful for meaningful reforms to reduce ...

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

Increased taxes would add to farmers’ current difficulties, as farmers continue to face increasing production expenses and ...

The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.

The Internal Revenue Service (IRS) announced the annual inflation adjustments for fiscal year 2024, with adjustments that ...