WASHINGTON >> U.S. Senate Republicans today proposed a pair of bills to kill the country’s $7,500 electric vehicle tax credit and impose a new $1,000 tax on EVs to pay for road repairs.

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

If this trend continues to the tax-filing deadline of April 15 that applies to most Americans, it could mean there are more taxpayers not filing this year for any number of reasons — they may be ...

Congressional Republican leaders met with President Donald Trump to address the Trump Administration’s 2025 budget and tax ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

The proposed law replaces the term 'previous year' used in the Income Tax Act, 1961, with 'tax year.' Additionally, the ...

Hosting events around the G20 is set to cost nearly R1bn, with South Africa’s government needing to secure private venues to host summits and engagement forums. The National Treasury is not prepared ...

Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...

In this episode of GeTtin' SALTy, host Nikki Dobay is joined by Jeff Newgard, president of Peak Policy, to discuss Oregon's ...

Non-disclosure of income from VDAs under the regime introduced in the Finance Act, 2022 could expose the taxpayer to search ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...

The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...