Tata Steel received a show-cause notice along with a tax demand from the Officer of the Commissioner (Audit) of Central Tax, ...

In a significant ruling with far-reaching policy implications, the Sikkim High Court has allowed the refund claim of accumulated input tax credit (ITC) upon the closure of a business. This ...

His comments come amid a GOP internal debate over the big, beautiful bill on how to roll back former President Biden’s green energy tax credits. The Senate is taking a more lenient approach on ...

The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax-and-spending mega bill passed by the House, key Republicans said.

The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress. If enacted, the ...

Stream Connecticut News for free, 24/7, wherever you are. The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire ...

Under the One Big Beautiful Bill Act passed by the House in late May, the EV tax credit would be phased out after 2026, six years earlier than the Biden administration had planned. However, for ...

The US House of Representatives early Thursday narrowly passed a massive tax and spending bill that aggressively rolls back federal clean energy tax credits, although it is expected to undergo changes ...

A tax credit viewed as crucial to saving Downtown was renewed, and a new incentive to lure companies to the Big Apple from out of state established for the first time, in a down-to-the wire vote ...

CEDAR RAPIDS, Iowa (KCRG) - Clean energy tax credits could be at risk if the “One Big Beautiful Bill” passes as it’s currently written. President Trump’s budget reconciliation bill passed ...

The state Senate is killing the extension of a tax break sought by business groups that would have cost taxpayers $200 million over three years. That means the long-standing inventory tax credit ...

Controversial tax credit crucial to saving Downtown Manhattan jobs, buildings on verge of renewal: sources By Steve Cuozzo Published June 9, 2025, 5:34 p.m. ET ...