Income tax

Abbotsford Income Tax Program Volunteers Needed – Mission City Record

Abbotsford Income Tax Program Volunteers Needed Tax returns completed free of charge for low-income people Volunteers are now needed for a free income tax preparation program in Abbotsford for low income people. The program is looking for tax preparers and front desk volunteers, especially those who can speak a second language. Volunteers will take care […]

Income tax

Income Tax Service Detects 200 Black Money After Raids In Chhattisgarh

The Income Tax (IT) service detected black money from ??200 crore after raids on two trading groups in Chhattisgarh. The raids were carried out on December 22 on two groups from Raipur and Korba, engaged in the activities of steelmaking, coal washing and transport. The search action covered more than 35 locals spread across Raipur, […]

Income tax

Lawmaker wants to cut South Carolina income tax in half, eliminate it for businesses

MYRTLE BEACH, SC (WBTW) – A South Carolina lawmaker wants to cut state income tax for individuals in half and eliminate corporate income tax altogether. South Carolina has one of the highest income tax rates in the country, and neighboring states have significantly reduced their rates in recent years. South Carolina senators want those fired […]

Foreign investments

Facilitate foreign investments through the International Financial Services Center

For years India has received the majority of its foreign investment from tax havens such as Mauritius, Singapore, Dubai, Cyprus and the Cayman Islands. These jurisdictions provide an excellent regulatory, tax and legal framework and protection for investors and fund managers to set up and operate private equity / venture capital funds (“offshore funds”). The […]

Income tax

Over 44.3 million tax returns filed until December 25 for 2020-2021

More than 4.43 crore of tax returns (ITR) for fiscal year 2020-21 have been filed, including more than 11.68 lakh returns filed on December 25, the IT department said on Sunday. This includes over 2.41 ITR-1 crore and 1.09 ITR-4 crore deposited for fiscal year 2020-21 (valuation year 2021-22) through December 25, 2021. “A total […]

Income tax

House leader considers income tax cut amid optimistic budget forecasts

Huston says he and Senate leaders continue to discuss their differing views on possible tax cuts. (IBJ Photo / Eric Appris) When it comes to pushing for state tax cuts and limits on employer vaccine mandates, Republicans in the Indiana House of Representatives are taking the lead. IBJ asked the House’s top Republican, Speaker Todd […]

Income tax

Over 100 MPs in Pakistan pay no income tax: The Tribune India

New Delhi, December 23 More than 100 Pakistani members of parliament do not pay income tax or are not registered with the Federal Revenue Office of Pakistan (FBR), The News reported. No less than 161 of the 1,170 MPs in Pakistan have not paid tax on their income and have not filed any income tax […]

Foreign investments

EGX supports government development plans by attracting foreign investment: Farid

Mohamed Farid, President of the Egyptian Exchange (EGX), spoke about the role of the stock market in supporting the economic and social development plans adopted by the Egyptian government to improve the quality of life of Egyptians. In a meeting with 35 diplomats, Farid explained how the Egyptian stock market can attract foreign investment. This […]

Income tax

Estimation of tax liabilities using data from the Survey of Consumer Finances

In a forthcoming article, we describe a new methodology for estimating tax liabilities in public use Survey of Consumer Finances (SCF) microdata files. Conducted most recently in 2019, the SCF is a three-year household survey containing detailed information on the demographics, income and balance sheet of the designated survey respondent and, where applicable, the respondent’s […]

Income tax

Christina Hysong wants to strengthen Wilmot’s population, tax revenues and infrastructure

Christina Hysong was sworn in on August 30 as acting mayor of Wilmot, succeeding Bobby Pulley, who died earlier this year. She plans to run for office in November 2022. WILMOT – Christina Hysong is a self-motivated individual who wears a variety of hats: business owner, volunteer firefighter / emergency medical technician, wife, mother and […]