The Central Government has approved a Chennai-based higher education trust for scientific research under Section 35(1)(ii) for AY 2026-27 to 2030-31. The approval is conditional upon compliance with ...

The Tribunal found that the authority misapplied the law by relying on provisions relating to donor deductions rather than approval conditions for institutions. Since the trust fulfilled statutory ...

The new senior tax deduction ushered in by the 'Big, Beautiful Bill' is worth up to $6,000 per qualified filer.

The proposal would raise the standard deduction and lower the state's income tax rate. To pay for the tax cut, the plan would eliminate or reduce various tax breaks for businesses and industries.

Commissioners and inspecting range officers will be able to log into the BI Server from designated IP-bounded computers and the data must be regularly recorded in a specified register by the ...

State income taxes would be abolished for individuals earning under $50,000 and families under $100,000. The state would fund these cuts by repealing 29 corporate and COVID-era tax credits and ...

State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes. By Andrew Duehren Reporting from ...

ATLANTA — Georgia Senate Republicans are behind a plan to eliminate state income tax in stages, but the state would have to get rid of the tax credits used to entice businesses to locate here.

Mayor Zohran Mamdani has now proposed two options that called for raising taxes. Here’s a look at each proposal and the rationale and chances for each. By Sally Goldenberg Dana Rubinstein and Grace ...

The so-called “millionaires tax” was approved by Washington’s Senate on Monday, advancing a measure that would create a 9.9% tax applied to taxable, personal annual income that exceeds $1 million. Gov ...

We're roughly a month into 2026 tax season and if you haven't yet filed 2025 income tax returns, you may be deciding whether to hire a professional tax preparer or self-file for free. More than 12 ...

A proposed Washington income tax on people earning more than $1 million has cleared its first legislative hurdle, with the Senate Ways and Means Committee passing the plan Monday — with some tweaks.