The Islamabad Chamber of Commerce and Industry (ICCI) has called for the immediate repeal of Section 37AA of the Income Tax Ordinance, which empowers tax authorities to arrest individuals without ...

The Denver Housing Authority has partnered with the City and County of Denver to launch a pilot program aimed at supporting ...

The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.

The Oklahoma Supreme Court on Tuesday ruled against a tribal citizen seeking to avoid paying state income tax, restricting ...

The ruling means that tribal citizens who live and work on tribal lands are required to pay state income tax. Here's how that ...

Gov. Mike DeWine signed the state’s $60 billion budget on Monday night, and while he vetoed 67 items, he kept in the ...

These legitimate, government-supported strategies are designed to stimulate investment in key areas of the economy.

Income tax return (ITR) filing has already started for FY25 (AY26). Meanwhile, the Income Tax Department has extended the deadline to file ITR for FY25 to September 15, 2025, from the original ...

Tax filing season begins for the financial year 2024-25, and the assessment year 2025-26 has officially commenced, with salaried employees in India having received their Form 16 documentation. There ...

“Tax laws cannot be dictated to the government by any particular sector”, the FBR chairman criticised. In 2007, this schedule was inserted in the Income Tax Ordinance 2001, which needs to be ...

However, if one spouse claims REPS, you can deduct $150,000 from your $250,0000 income, meaning you'll only be taxed on $100,000, which can result in a significant difference in tax liability.