Russians seem to be progressing with the development of remotely operated armored fighting vehicles. On “Army 2022” military Forum, Russian company Rosteh published a video of a remotely controlled ...

On Thursday, Rep. Steven Horsford (D-Nev.) reintroduced the TIPS Act, a bill first introduced last year that not only seeks ...

Governor Ron DeSantis has thrown his support behind an idea to eliminate property taxes. To become law, it would have to go ...

If you're currently receiving or soon will be receiving Social Security retirement benefits, here's what to know about which states may tax you.

Agricultural land located in a rural area is not classified as a capital asset under Indian tax law. Consequently, any gains from the sale of such land by your parents are not subject to capital ...

MUMBAI: The new Income Tax Bill has no changes in the rate structures, nor are there any changes in the capital gains tax rates. The Bill, which is likely to be tabled on Thursday, has 23 chapters ...

The National Board of Revenue (NBR) will no longer defer the deadline for submitting income tax returns, which was extended three times from its initial date in November last year. Besides ...

AUSTIN – It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's plan calls it the largest exemption increase in state history.

However, the new tax bill is only a simplified version of the current Act with no policy level changes or change in tax rates," according to Anita Basrur, Partner, Sudit K. Parekh & Co. LLP.

he feels it is merely a good job of editing on the existing Income Tax Act. “No changes of consequences have been proposed in the Bill. It is purely a Babu’s product,” he added.

The Income Tax Department received 6,500 suggestions from stakeholders as part of this review process. There will be no tax burden on up to Rs 12 lakh annual income, except special income.