This boost in tax revenue occurred because of the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax Department. While these regulations are designed to uphold the integrity of the ...

The Guruvayur Devaswom Board, one of the largest Hindu religious trusts in Kerala, has been slapped with Rs 4.52 crore as ...

Delhi High Court held that review petition partake the character of pending proceedings and hence the gets covered under ...

Kerala High Court held that passing of order without granting opportunity of being heard even if specifically requested by the assessee is against the principles of natural justice. Thus, the order is ...

Tax collections in West Virginia are tacking close to revenue estimates for the first five months of fiscal year 2025 thanks to better collections in November. According to a monthly report released ...

KSCAA has reported that the tax department has been erroneously processing many income tax returns (ITRs) and even imposing ...

Tax collections in West Virginia are tacking close to revenue estimates for the first five months of fiscal year 2025 thanks ...

State economists are expecting tax coffers will fill a little more slowly in Montana the next couple of years. Stimulus money ...

Resident analyst dissects effects of state’s tax structure, federal tax cuts, COVID, investment income and remote work on ...

Elon Musk and his non-Department of Government Efficiency are saying that they will cut government spending by $2 trillion to ...

Mayoral allies say the mayor is prepared to accept a much smaller property tax increase along with budget cuts the mayor had ...