You Searched For "state income tax" and got 20 results
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2 mins read
Did you know about the only Indian state exempt from paying any income tax? Know all about it here
Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…
2 mins read
51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data
The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.
ANI
3 mins read
Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams
There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…
3 mins read
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
2 mins read
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
6 mins read
Union Budget 2024: A handy FAQ guide to decode the upcoming budget
Weeks before the budget presentation, the finance minister also meets representatives from vario…
2 mins read
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
2 mins read
Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.
A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…
Katie Balevic
1 min read
Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department
The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…
PTI
1 min read
Here are the 10 states where the middle class pays the most in taxes and the 9 states where they pay no state income tax at all
For example, Tennessee (ranked No. 24), Texas (No. 21), and Washington (No. 5) are in the top half …
Cork Gaines
2 mins read
Income Tax Department seizes record ₹1,100 crore cash and jewellery in Lok Sabha elections 2024
As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore w…
ANI
2 mins read
Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…
ANI
5 mins read
Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment
Illinois' guaranteed basic income program will give no-strings-attached cash to families in the chi…
Allie Kelly
1 min read
After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters
As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…
PTI
2 mins read
This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached
Oregon residents may soon vote on a universal basic income program that would give every resident $…
Erin Snodgrass
3 mins read
Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.
Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…
John Towfighi,Juliana Kaplan
2 mins read
New business owners could get a $50,000 tax deduction under Kamala Harris's plan
Kamala Harris's next big economic proposal hinges on making it easier for you to start a small busi…
Juliana Kaplan
2 mins read
The best and worst states to retire in 2024
Delaware tops Bankrate's list of the best states to retire in 2024, followed by West Virginia and G…
Noah Sheidlower
5 mins read
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
2 mins read
Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.
A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…