New income tax bill likely to be tabled soon in Parliament. Will it introduce new taxes?
The Direct Tax Code was announced in the Budget 2025 by Union finance minister Nirmala Sitharaman on February 1
New Income Tax Bill unlikely to be tabled in Parliament this week! Here’s all you need to know
The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax process simple and clear.
New Income Tax Bill: What is it and how will it help taxpayers?
In order to make the Income Tax Act 1961 more concise and simpler the government is introducing a new income tax bill.
Kentucky Lawmakers Send Bill to Cut the State's Income Tax to the Governor. He Supports It.
Kentucky lawmakers completed their work Tuesday to reduce the state’s individual income tax rate, delivering on a top Republican priority on just the fifth day of this year's session. Final passage came on a 34-3 Senate vote to lower the tax to 3.
Kentucky legislature passes bill to cut individual income tax
The Kentucky legislature passed House Bill 1, which reduces the state's individual income tax from 4% to 3.5%.
Kentucky Senate passes income tax cut as bill heads to Beshear
A bill that would lower Kentucky’s personal income tax rate to 3.5% starting next year sailed through the state Senate. House Bill 1 passed by a 34-3 vote and will now head to Gov. Andy Beshear’s desk.
Another income tax rate cut is headed to the Kentucky governor’s desk
A bill that would further cut the state’s income tax rate is headed to Kentucky Gov. Andy Beshear’s desk after final passage Tuesday in the Kentucky Senate.
Senate votes to slash Kentucky’s individual income tax from 4% to 3.5% in 2026
Some Democrats voted with Republicans Tuesday to pass a half-a-percent cut to Kentuckians’ individual income tax rate.
Could Trump's tariffs replace the income tax? Here's what economic policy experts say
During the campaign, President Donald Trump floated an "all tariff policy" he said would replace federal income tax. Here's ...
Income tax brackets are changing for the 2025 tax year. Here's what Texans should know
Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.
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Income Tax Bill News LIVE: New bill may get cabinet approval tomorrow, likely to be introduced next week
The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha early the following week.
Do I have to file state income taxes in Tennessee? Here's what states don't have a state income tax
Tax season is once again upon us. If you are filing in Tennessee for the first time, don't be concerned of not having a state ...
The Tariff Football And Income Tax History
We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue ...
Center on Budget and Policy Priorities1d
2025 Budget Stakes: High-Income Tax Cuts, Price-Hiking Tariffs Would Harm Families
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
Push to scrap income tax in Missouri raises questions about replacement revenue
Under a package of legislation sponsored by Rep. Bishop Davidson, R-Republic, Missouri’s current 4.7% tax rate for most ...
CT Senate GOP: Cut income tax, freeze state employee wages
In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...
Income Tax: 4 key reasons for which you should still opt for the old tax regime
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...