COLUMBIA — Statehouse Republicans who faced a massive backlash after introducing an income tax cut that actually increased taxes for most South Carolinians say they've fixed the problem with a ...

Thursday marks the income tax deadline for filing your 2024 individual income tax return normally due on April 15 each year. The Internal Revenue Service announced disaster tax relief for all ...

Aliss Higham is a Newsweek reporter based in Glasgow, Scotland. Her focus is reporting on Social Security, other government benefits and personal finance. She has previously extensively covered U ...

Filing an Income Tax Return (ITR) for the assessment year 2025-26 requires various documents based on your income sources and chosen tax regime. Essential papers include the Permanent Account ...

Photo Illustration: Annie Zhao WASHINGTON—President Trump keeps suggesting that tariffs can replace income taxes for ... extending his expiring 2017 tax cuts and ideas such as “no tax on ...

The House passed a budget bill proposing federal spending cuts, tax cuts, and increased funding in certain areas. The bill includes a proposal to eliminate federal income tax on overtime pay.

ITR Filing: To make payment of tax hassle-free, the Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal. According to the tax department, this will ...

We now have the competing bids for our votes by the alternative governments on income tax policy. From Labor, future cuts to the lowest marginal tax rate and new standard deductions for work expenses.

(Correction: This story was updated to reflect the correct maximum local income tax rate that counties can collect under the bill.) The majority of Hoosiers could pay less in property taxes next ...

Delaware Republican lawmakers say they are concerned about the proposed income tax increases and how they could impact small businesses. Tax experts also argue that graduated tax systems ...

2. Zero tax on income up to Rs 12 lakh - Rs 12.75 lakh for salaried individualsWith changes in the new income tax regime, individuals earning a taxable income up to Rs 12 lakh will now have to pay ...

After lowering income taxes last year, South Carolina residents might soon receive another tax cut. A new legislation cuts the state’s top income tax rate by more than 2% and includes future ...