Tax season officially began on Jan. 27, and the United Way of Collier and the Keys is prepared to help community members with their income tax preparation. UWCK’s VITA (Volunteer ...

An eligibility check on the IRS.gov website indicates that Hawaii is not one of the 25 states participating in the “IRS Direct File ” online income tax filing program for federal returns. Why not, and ...

In what the city describes as bold and unprecedented, Mayor Rick Blangiardi’s administration this week publicly announced its ...

New Delhi: Union Finance Minister, Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax slabs have left many confused about the ...

Example calculations of tax benefit (table below) "Democracy, demography and demand are the key support pillars in our journey towards Viksit Bharat. The middle class provides strength for India's ...

The income tax reforms introduced in the budget are among the biggest in the last decade — simplified and rationalised to put more money in people's hands without compromising the fiscal deficit.

A special retrospective service tax exemption is also introduced. Key updates involve the introduction of new capital goods exemptions for the manufacture of lithium-ion batteries and electric ...

Sitharaman said the government will initiate reforms in sectors like finance, power, urban development and mining, with “transformative reforms in taxation.” Prime Minister Narendra Modi’s ...

But Sitharaman began her speech, saying midway, 'Please listen fully and then react.' She also chuckled while announcing that personal tax would come later in her speech. And she did have an ace up ...

support key sectors like agriculture and MSMEs, and drive infrastructure development, with an emphasis on private sector participation. Income up to Rs 12 lakh effectively tax-free under the new ...

Finance minister Nirmala Sitharaman announced a new tax regime and significant reforms to ease compliance for the middle class and senior citizens. Key highlights include a nil tax slab up to Rs ...

In the 2020 budget, Finance Minister Nirmala Sitharaman exempt interest income, dividend income, capital gains, etc earned by pension funds and sovereign wealth funds from tax. However, the tax ...