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The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
Understand GST ITC refunds for inverted tax structures when input and output goods are the same. Learn about legal provisions and CBIC clarifications on this ...
Tata Steel has received a ₹1,007 crore GST show cause notice for alleged irregularities in input tax credit claims between ...
Tata Steel has been issued a show cause-cum-demand notice by tax authorities over an alleged irregular availment of input tax ...
The latest version of President Donald Trump’s “big beautiful bill” provides larger tax credits to semiconductor manufacturers building plants in the U.S.
The tax department has directed Tata Steel to explain, within 30 days, why GST amounting to ₹1,007.54 crore should not be ...
House GOP plan to raise child tax credit adds citizenship provisions. The bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married parents ...
Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without action from Congress. Both House and Senate proposals would increase the top credit, but ...
They want the tax credits that incentivized those projects to be available through to completion. These include the Code Sec. 45Y Clean Electricity Production Credit and the Code Sec. 48E Clean ...
The U.S. Senate should make changes to House budget reconciliation bill provisions that phase out clean-energy tax credits, including easing start-date requirements, Republican Senator John Curtis of ...
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