A fiscal note attached to the new bill estimates that it would reduce sales tax revenue to the state by about $50 million. Following a short debate, the House Revenue and Taxation Committee voted ...

The other factors on which domestic petrol and diesel prices depend on include central excise duty, VAT or value added tax levied by state governments, dealer and refining margins and ...

Those taxes can include federal income tax, self-employment tax, employment tax, excise tax, and state and local taxes, including sales tax ... which reduce businesses' taxable income, tax ...

Monthly Fuel Price Trend In Assam For January 2025: - Diesel price in Assam started in January at Rs 90.01 per litre, remaining unchanged from the previous month's close of Rs 90.01 per litre.

The new tax regime offers lower tax rates for forgoing various deductions and rebates for interest paid on housing loans The NDA government led by Prime Minister Narendra Modi has not made any ...

One of the key proposals under consideration is a hike in income tax slabs. This move would reduce the tax burden on small and middle-income taxpayers, aligning with the government’s broader ...

Their Buyers Information pack provides key documentation and added insurance protection upfront, helping to streamline the property transaction process and reduce the risk of fall-throughs caused ...

Gov. Lou Leon Guerrero on Wednesday said reducing the business privilege tax from 5% to 4% does not lower the costs of food, other goods and services for Guam’s consumers, following freshman Sen.

Nebraska should consider these fundamental changes: reducing or eliminating sales tax exemptions; using that to reduce sales tax rates; not taxing a base part of spending, income and property value ...

A fiscal note attached to the new bill estimates that it would reduce sales tax revenue to the state by about $50 million. Following a short debate, the House Revenue and Taxation Committee voted to ...

Additionally, it’s expected to reduce disputes, making the tax system more efficient for both taxpayers and authorities. 3. Modifications to capital gains tax As the interest in the stock market ...