How would Maryland's tax changes affect you?
The tax proposal shows 82% of Marylanders would have no tax change or a cut. This means 2/3 of Marylanders would see a cut by virtue of doubling the standard state tax deduction. Low-income families ...
Budget 2025: What is Direct Tax Code and will it replace Income Tax Act?
The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is following a consultative process to ensure smooth implementation.
Tax season is another reminder that our tax code is too complex
Tax season may never be seen as fun, but this year provides Washington a perfect opportunity to make it less confusing.
What Is Direct Tax Code And How It Is Different From Income Tax Act?
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...