The Inflation Reduction Act, passed by House Democrats on Friday and headed to President Joe Biden's desk for his signature, is the most ambitious climate spending package in U.S. history…
Image Source : PTI/ REPRESENTATIONAL (FILE). Corporate tax collection up by 34 per cent between April-July. HighlightsTax collected on income of companies surged by 34% in first 4-months of current…
David Madison | Photodisc | Getty ImagesA federal tax break that's available to car buyers for going electric may work differently starting next year.Under the Inflation Reduction Act — which…
Senate Majority Leader Chuck Schumer, D-N.Y., discusses the Inflation Reduction Act on Aug. 7, 2022 in Washington, D.C.Kent Nishimura | Los Angeles Times | Getty ImagesSenate Democrats curtailed a tax…
Jim Watson | Afp | Getty ImagesSenate Democrats' package of climate change, health-care, drug pricing and tax measures unveiled last week has proponents and opponents debating whether the legislation violates a pledge…
Anti-abortion activists demonstrate outside the Supreme Court of the United States in Washington, June 13, 2022.Evelyn Hockstein | ReutersResidents of Georgia may now claim embryos as dependents on their state…
Image Source : PTI Govt cuts windfall tax on fuel export, raises levy on domestic crude oil HighlightsThe tax on export of diesel was cut to Rs 5 per litre…
Image Source : FILE PHOTO Representational image. HighlightsGovernment is looking into cases of alleged tax evasion by Chinese mobile companies Oppo, Vivo India and Xiaomi have been given notices for…
Image Source : PTI/REPRESENTATIVE ITR filing: Income Tax department announces big change in verification timeline HighlightsThe Income Tax department has reduced the time limit for e-verification. Timeline is reduced from…
Image Source : PTI/REPRESENTATIVE Income tax return filing due date today, will government extend deadline? HighlightsOver 5 crore ITRs have been filed as of 8:36 pm yesterday. Today is the…