What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...
As India gets busy with income tax calculator, techie sparks debate saying 'anyone earning 60LPA is poor’
Finance Minister Nirmala Sitharaman announced a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying ...
ITC Share Price: Will ITC Shares Cross Rs 500-Mark After No Sin Tax Hike? Know What Analysts Say
Ahead of the Budget, experts had said ITC sees a low chance of a sharp cigarette tax hike in the budget, given last year's ...
Income Tax: Why Is Standard Deduction Of Rs 75,000 Given? Who Doesn’t Qualify For It?
The government provides a Rs 75,000 standard deduction in the new tax regime benefiting salaried individuals and pensioner by ...
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A Flat Income Tax Removes the Need for the IRS
A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...
Governor calling for income tax cuts, limited government during State of the State address
Oklahoma Governor Kevin Stitt gave his State of the State address Monday from the Capitol. He expressed his vision moving forward as the 60th legislative session got underway, addressing several ...
Advocates call for higher taxes on the rich and corporations to balance Maine’s budget
Gov. Janet Mills has warned against such broad-based tax reforms and Republicans have already vowed to oppose any tax ...
Governor’s Oklahoma budget calls for $1.4 billion less spending, removal of education funding cap
Gov. Kevin Stitt on Monday called on Oklahoma lawmakers to spend nearly $1.4 billion less in the upcoming budget while ...
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Despite expected revenue dip, Stitt touts tax cut, court cost reform in 2025 State of the State
State of the State address, Oklahoma Gov. Kevin Stitt reiterated his calls for tax cuts and economic development priorities.
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State education budget aims to increase teacher salaries, school safety
“The governor’s executive budget outlines exactly how the minimum starting teacher salary can be raised to $50,000 while also ...