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If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.
Income tax department has launched the new utility to enable taxpayers find the relevant provision in New Income Tax bill by ...
The new income tax Bill aims to simplify India's tax law, eliminating redundancies and improving readability without altering ...
New Income Tax Bill, 2025 simplifies tax laws, reduces word count, introduces 'tax year', and enhances readability for ...
In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...
Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing ...
Taxpayers can now easily compare sections of the Income Tax Act, 1961, with corresponding clauses in the new Income Tax Bill, ...
Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...
The Income Tax Department has made available a comprehensive comparison tool on their website, detailing the correlation ...
The new bill aims to simplify tax provisions with clearer language, reducing its length and eliminating redundant sections ...
There has been a slight tweak in the wordings of non-resident clauses. As per the proposed Income Tax bill, 2025 a person who ...
The Kentucky legislature passed House Bill 1, which reduces the state's individual income tax from 4% to 3.5%.
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