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The new "no tax on tips" deduction will benefit just about 3% of all tax filers, saving them, on average, almost $1,400.
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. The legislation permanently extends some of the ...
On 3 July 2025, the House passed the Senate’s version of H.R. 1, the budget reconciliation bill known as the “One Big Beautiful Bill Act” (the Act). President Trump signed the Act into law on 4 July ...
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Indiatimes on MSNGovernment withdraws Income Tax Bill 2025: Fresh draft to reduce complexity, boost savings for middle-class and MSMEsThe government has withdrawn the Income Tax Bill 2025 and will present a new draft in Parliament on Monday. Based on Select ...
One proposed initiative would cut the state income tax rate from 5 percent to 4 percent by 2029. Another would lower the ...
The Finance Act, 2025, introduces new tax slabs and a higher rebate threshold for salaried individuals. This summary explains ...
The “One Big Beautiful Bill Act” (the “BBB”) was signed into law by President Trump on July 4, 2025. The BBB generally extends certain tax ...
The auto loan interest deduction gives a tax break to car shoppers who buy American, a stipulation that applies to more vehicles than you may think.
Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...
No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they imagined with a deduction.
If you decide to opt for the new tax regime under Section 115BAC, you should look at your income profile, available ...
Since the reimbursements were taxed at the withholding stage and a tax was deducted at source by the employer, you may ...
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