9 changes in ITR-1, ITR-2, ITR-3, ITR-4 you need to know for FY 2024-25 (AY 2025-26) income tax return filing

The Income Tax Department has notified the income tax return forms for FY 2024-25 (AY 2025-26), incorporating the changes in tax laws announced in the July 2024 budget. However, taxpayers will have to wait for the release of the ITR filing e-utilities on …

Income tax reduction and film credit repeal fails in committee

A proposal to repeal Louisiana’s motion picture production tax credit and reduce the state’s individual income tax rate failed in committee on Monday, The Center Square reports.  The proposal’s failure marks the latest in a string of unsuccessful efforts …

£20,000 income tax ruling as Parliament debates call for allowance hike

Ministers have rejected a plea to raise the income tax threshold from £12,570 to £20,000 and "let people keep more of their own money". The decision of Rachel Reeve was spelt out as MPs debated a petition calling for a radical shake-up, which was …

Heath Allbright: ‘Cutting the state income tax will put money back in the pockets of families in District 11’

As Alabama’s 2025 legislative session draws to a close on Wednesday, lawmakers enacted a $191 million tax relief package that will reduce the state sales tax on groceries from 3% to 2%, eliminate the 4% sales tax on essential baby and feminine hygiene …

County Council to hear from public on income tax hike proposal

The Montgomery County Council is hosting a public hearing Tuesday on a potential income tax rate increase proposed by Montgomery County Executive Marc Elrich (D) to help fund the county operating budget for the upcoming fiscal year. Councilmembers will …

Deadline to pay state income tax nears

Montgomery County Council Meets on May 13 to Commemorate Asian American, Native Hawaiian and Pacific Islander Heritage ...

MARYLAND, December 5 - For Immediate Release: Monday, May 12, 2025 The Montgomery County Council will meet on Tuesday, May 13 at 11:15 a.m. and the meeting will begin with a proclamation presentation, presented by Council President Kate Stewart with …

Petition to increase HMRC income tax threshold to £20,000 debated by MPs

In a debate in Westminster Hall tonight, MPs put forward passionate debates for and against the proposal, which was started by pensioner Alan David Frost, saying: "Raise the income tax personal allowance from £12570 to £20000. We think this would help …

Repeal of film credit fails again, along with income tax reduction

(The Center Square) − A proposal to repeal Louisiana’s longstanding motion picture production tax credit and slightly reduce the state’s individual income tax rate failed in committee Monday, marking the latest in a string of unsuccessful efforts to scale …

Trump gets wish list in House GOP tax bill, with some exceptions

In an homage to Trump’s populist base, Republicans would create a new tax-preferred savings plan called a “MAGA account” for children under the age of 8. The draft also delivers another key Trump demand — a $4 trillion debt ceiling hike. The president …