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"It all has to come together in the context of the broader package," but a higher SALT deduction limit could be possible, said Garrett Watson, director of policy analysis at the Tax Foundation.

Historically, tax incentives have been linked to deductions such as equity-linked saving schemes, the National Pension System (NPS), housing loan payments, interest on education loans, Public ...

House Republicans are sprinting to wrap up President Donald Trump’s tax bill by Memorial Day ... an expansion of the state and local tax deduction. The flurry comes as GOP lawmakers start ...

Conservative Leader Pierre Poilievre is promising a tax deferral for investors who put money into Canadian assets — a policy similar to a popular US rule that helped grease its housing market.

Conservative Leader Pierre Poilievre is promising a tax deferral for investors who put money into Canadian assets — a policy similar to a popular U.S. rule that helped grease its housing market. If ...

In a notification issued on April 23, the Central Board of Direct Taxes (CBDT) notified that any expenditure incurred to settle proceedings initiated in relation to contravention or defaults under ...

Daniel Rathburn is an editor at Investopedia who works on tax, accounting, regulatory, and cryptocurrency content. T-studios2 / Getty Images Casualty and theft losses are deductions that taxpayers ...

While critics argue the tax cuts disproportionately benefit large corporations, Miller-Meeks said it’s Iowa’s working families who stand to lose the most if the deduction expires.

In the declaration, the employees need to mention the tax regime they want to choose and the tax-saving investments for which they would claim deductions. As the new financial year 2025-26 (FY26) has ...