The Latest Breaking News from Income Tax

THE Scottish Government has announced a new income tax band for higher earners in its annual Budget.

Giving to charity can bring together multiple generations during the holidays to learn about the family’s values. And, of course, there are tax breaks…

Baseball superstar Shohei Ohtani's new contract could have the added benefit of avoiding most of California's income tax

He could save $98 million by dodging California's state income taxes with his unusual, eye-popping contract.

Michigan tax credit checks will soon be on the way thanks to a law that becomes effective in early 2024. Will you get one?

“Ian Murray says more Scots will head to London if Humza Yousaf raises taxes” ...

THE Scottish Government is facing a funding black hole of £1.5 billion next year in what experts have described as one of the “most challenging…

BJP has stepped up its attack on the Odisha government over seizure of over ₹300 crore of cash by the Income Tax department from campuses belonging to liquor manufacturers in the State

State govt. to give ₹6,000 cash relief to families in Chennai, Kancheepuram, Tiruvallur, and Chengalpattu districts hit by Cyclone Michaung. Cash payment for those affected by cyclone or lost belongings due to inundation. DBT for senior officials, income tax assessees, and sugar-drawal ration card holders. Tokens for payment to be…