On Thursday, March 27, Mississippi Republican Gov. Tate Reeves signed House Bill 1, an income tax elimination bill that will increase the rate of income tax elimination. The process could take ...

This form is also for people who are not eligible to file their Income Tax returns under ITR-1, ITR-2 and ITR-4. The latter pertains mainly to presumptive taxation under sections 44AD and 44ADA ...

Monday, March 31, is a national holiday on account of Eid, but for those who have to correct errors/omissions in the Income Tax Return filed for Assessment Year 2022-23 (Fiscal Year 2021-22), it ...

The Income Tax Department has issued notices to Taxpayers who have been paying a rent of ₹50,000 or more per month and not deducted Tax Deducted at Source (TDS) while remitting the amount to ...

Gov. Tate Reeves (R-MS) signed legislation Thursday eliminating the state’s income tax. “Today is a day that will be remembered not just for the headlines, not just for the politics ...

Mississippi Governor Tate Reeves signed the "Build Up Mississippi Act" into law, marking the largest tax cut in state history. The bill includes a phased elimination of the state income tax ...

both Income Tax Inspectors, Quamar Aulam Khan, a Senior Tax Assistant at the office of Income Tax Appellate Tribunal (ITAT), Manish Sikrawal, a Senior Tax Assistant at the Aayakar Bhawan office in ...

Indiana’s individual income tax rate will already decrease over the next five years until it reaches 2.9% in 2027. Senate Enrolled Act 451 would lower it further starting in 2030. A family ...

With the financial year nearing its end, Indian taxpayers are seeking good investments that not only give returns but also enjoy reasonable tax exemptions. Here are five primary income tax-saving ...

With the start of the new financial year, many income tax changes will take effect; it will bring new income tax rules, including new income tax slabs (under the new tax regime), announced in the ...

The freeze on income tax thresholds has created a huge stealth tax raid in recent years. While it boosts the Treasury’s coffers, it means more people than ever are being dragged into higher tax ...

GOVERNOR TATE REEVES SAYING THIS WILL HELP THE WORKING PEOPLE AND DRAW MORE PEOPLE INTO THE STATE. NOW, THE BILL WILL DROP INCOME TAX BY 0.25% EACH YEAR UNTIL 2030, WHEN IT REACHES 3%. THE GROCERY TAX ...