Most people intuitively expect that eliminating a tax exemption would automatically increase tax collections. However, the ...

Under proposals advanced by Connecticut's Finance, Revenue and Bonding Committee, families would see a child tax credit, ...

Form 16 is a certificate issued by an employer that provides details of the salary paid and the tax deducted at source (TDS) during a financial year. It is primarily used for filing Income Tax ...

“We should not be dismantling the guardrails that have protected Connecticut from over-spending, protected us from tax increases. In the long run, that’s the direction we are going to be ...

Changing road tax rules will affect all drivers in 2025 as rules that came into force from 1 April bring increased or new charges for most, among a host of other potential bill increases.

Aseem Mowar, Tax Partner, EY India, says, "The CBDT introduced the ITR-B form on April 7, 2025 thereby enabling searched taxpayers to comprehensively disclose undisclosed income. This includes ...

How Connecticut consumers and workers will be impacted is less clear. Economists believe that in the short term the policy will be hardly noticable, despite the tumbling stock market early Thursday.

Connecticut’s Department of Economic Community Development recently found that every dollar the state spends on film and TV production tax credits generates 5 dollars in economic output.

But collecting the tax does nothing for the restaurant’s receipts. Proposed legislation in Connecticut’s General Assembly this session would exempt the sales tax from so-called “swipe” fees.

The tax renewal passed the vote with 65% of saying yes. By voting yes, the residents of Acadia Parish shall be authorized to continue to levy and collect a sales and use tax of 1% in accordance ...

Florida lawmakers are reviewing a proposal to reduce the state's sales tax, potentially lowering costs for nearly all purchases. The proposal, currently pending in the state legislature ...