As per RBI norms, resident individuals can remit up to $250,000 per financial year for various permissible capital and ...

President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Donald Trump outlined his vision of a new economic model where the US would no longer tax its citizens to enrich foreign ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

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 enabled revenue-destructive tariffs.

The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it more streamlined and transparent.

Around 50,000 Philadelphians miss out on the earned income tax credit each year, leaving some $100 million on the table, ...

President Donald Trump has voiced his idea of abolishing income tax once again, noting that the US must "return to a system that made us richer and powerful.

US President Donald Trump has vowed to overhaul ... Key proposals include reducing the corporate income tax rate from 21 per cent to 15 per cent, a call he repeated on Monday during the speech ...

A bill that would lower Kentucky’s personal income tax rate to 3.5% starting next year sailed through the state Senate. House ...