LANSING, MI - A powerful tax incentive that helps fund largescale development in Michigan could get a boost under a new bill. State Rep. Alabas Farhat, D-Dearborn, introduced legislation at the end of ...
Updated at 7:16 a.m. The Legislature on Thursday night approved what was described as a compromise budget to fund the ...
The state government passed its 2025-26 budget Friday, which includes $51.8 billion in general government spending and $24 ...
Oct. 3, totaled $51.8 billion for general government and $24.1 billion for education, for a $75.9 billion budget total. But a House Fiscal Agency report shows that total artificially reduced by the ...
Rachel Reeves has been urged by a thinktank to cut national insurance and increase income tax to create a "level playing field" and protect workers' pay. The Resolution Foundation said the chancellor ...
The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...
The Income-Tax Department is cracking down on fraudulent tax exemption claims, estimated at ₹700 crore, leading to potential refund delays, especially for claims over Rs 10 lakh. Discrepancies include ...
Rachel Reeves has been urged by a leading think tank to raise income tax while cutting national insurance in November’s Budget, a move that would hit landlords and pensioners hardest. The Resolution ...
The Bhilwara Tax Bar Association has filed a writ petition in the Rajasthan High Court under Article 226 of the Constitution, seeking an extension of the September 30 deadline for filing Tax Audit ...
Nagpur Chamber of Commerce has formally requested the Central Board of Direct Taxes (CBDT) to push the income tax audit deadline out by two months. In a representation dated September 17, 2025, the ...
GST 2.0 Rates Highlights: The new Goods and Services Tax (GST) rates have come into effect today, with a plethora of household items, cars, bikes, and TVs, among others, becoming cheaper. The changes, ...
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