Congress wants to kill two education tax credits. That would cost American students billions in lost benefits
The GOP leadership in the House has proposed eliminating two education tax credits to save the government $85 billion over 10 ...
Republicans Want Lower Taxes. The Hard Part Is Choosing What to Cut.
House Republicans are preparing to adopt a plan that puts a $4.5 trillion limit on the size of the tax cut, but even that ...
Tax refunds are flowing, but IRS is seeing fewer early returns filed so far this season
Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...
House GOP panel passes budget blueprint with $4.5 trillion in tax cuts and steep spending reductions
The Republican-led Budget Committee approved a sweeping proposal to unlock Trump's agenda, sending it to the full House.
When is new Income Tax Bill likely to come into effect?
Once the new income tax bill is passed by Parliament, many taxpayers and common citizens will wonder when it will come into ...
10 takeaways in new Income Tax Bill for taxpayers: Tax year, TDS compliance, number of sections and more
The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...
cnbctv185d
New Income Tax Bill 2025 FAQ: How it aims to simplify India's tax laws
The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better ...
New IT Bill streamlines tax laws, not a mere amendment: FM Sitharaman
Finance Minister Nirmala Sitharaman introduces new Income Tax Bill, simplifying language, eliminating redundant provisions, ...
New Income Tax Bill Tabled In Parliament. Here's What Is Different In It
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...
The Financial Express5dOpinion
Income Tax Bill, 2025: Dawn of a new era
This Bill is a much-awaited comprehensive overhaul of a gargantuan piece of complex legislation which should be ...
Baijayant Panda to chair Select Committee on Income-Tax Bill
Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...
Trump’s 2017 tax cuts expire soon − study shows they made income inequality worse and especially hurt Black Americans
Going without insurance hurt all low-income Americans. But studies suggest the drop in Black Americans’ coverage under Trump’s plan outpaced that of white Americans. The rate of uninsured Black ...