Interim Budget 2024: Disappointment For Salaried Class With No Change In Income Tax Slab, Old Outstanding Tax Withdrawal To Benefit 1 Cr Taxpayers
Thursday, 1 February 2024 FM Sitharaman did not propose to make any changes relating to taxation and propose and retained the same tax rates for direct taxes and indirect taxes including import duties.
House Passes Bill , That Expands Child Tax Credit.
The House passed a $78 billion bipartisan
tax package on Jan. 31, CNN reports. .
It will now go to the Senate.
If adopted, the bill would give low-income families a bigger credit within the first year.
At least 500,000 children would be lifted...
Recent buzz around the child tax credit expanding following recent house approval has parents questioning whether they should hold off on filing. However, experts and the IRS urge people to file..