The Oklahoma Legislature now has its FY 2026 projections after the Board of Equalization approved appropriation percentages ...

Tips are considered taxable income. But not all income is taxed ... and anything that strengthens their economic condition is a positive for them,” said Sean Kennedy, executive vice president ...

Federal taxable income generally includes wages, tips, royalties, commissions, and for some, up to 85% of Social Security benefits. And that's not an exhaustive list. However, several types of ...

Indiana’s tax rates are already among the lowest in the country. The state income tax is a mere 3.05%, with plans to drop to ...

A critical aspect of evaluating the flat tax system in India is understanding its fiscal feasibility and the steps necessary for its implementation. Given that India’s direct tax-to-GDP ratio hovers ...

Smuts believes the country’s tax gap – the amount of tax that can be collected compared to what is collected – is larger than ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

Thanks to factors like climate change, insurance and property taxes are rising alongside home prices and mortgage rates, said ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

A new bill proposed in the Georgia legislature aims to eliminate the state’s 5.49 percent income tax for college athletes on ...

Especially if they come with reductions to Medicaid, food stamps and other safety net programs, the policy will make the rich ...

Section 80CCA, inter-alia, provides for a deduction to an individual, or a Hindu undivided family, for any amount deposited in the National Savings Scheme (NSS). It is also provided that no deduction ...