July 8, 2024: The New Jersey Division of Gaming Enforcement fines DraftKings $100K ... rate if they win more than $600 in a year. Additionally, New Jersey assesses a 3% state tax on all income.

Taxpayers must compare deductions under the old regime versus the new lower rates to determine the most beneficial option. New vs old tax regime: Is it time to switch to the new income tax regime ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...

According to the proposed new tax regime, no rebate will be available for income from capital gains or lotteries or any other income on which a special rate has been provided in the Income Tax Act.

In the next 64 years, the Income Tax Act has undergone a flurry of changes almost every year. From tweaks in the tax rates to the introduction of new provisions; from bringing a new exemption to t ...

The ruling upended the practice—long enforced by municipalities in many states—of allowing the total seizure of ...

ANCHOR and ‘Senior Freeze’ just got a refresh, and there’s a new program: Stay NJ. Learn how to save on New Jersey property ...

House Bill 1, signed by the Kentucky governor into law on Thursday, will lower the personal income tax rate from 4 percent to 3.5 percent starting next year, helping Kentuckians struggling with ...

Texas doesn't have a state or income tax, but the state collects taxes in other ways. Texas has one of the nation's highest sales and property tax rates. According to the Texas Comptroller ...

First, the new Stay NJ benefit, which is supposed to cut property taxes by up to 50%, capped at $6,500, for seniors who earn ...