9. Interest Charged to Debtor for Late Payment Journal Entry: Accounts Receivable A/c Dr. ₹500 To Interest Income A/c ₹500 Exa: Charged ₹500 interest for delayed payment. 10. Sale of ...

Legislators determined to cut property tax bills for homeowners and businesses this session have left local officials with difficult choices about whether to cut services or raise income taxes to ...

For most Americans, the staffing cuts will not affect the way the IRS audits their tax returns. The wealthy won't see their ...

Gov. Mike Braun signed legislation Wednesday that could continue incremental decreases in Indiana’s income tax rate starting in 2030, but whether those cuts could ever go into effect is uncertain.

Mumbai: Private sector lender YES Bank has received a fresh tax demand notice from the Income Tax Department, seeking an additional ₹244.20 crore in taxes. This demand is linked to a ...

The Income Tax (IT) department has begun using Artificial Intelligence (AI) to monitor financial transaction data, comparing past and current Income Tax Returns (ITR) filings to detect ...

Journal Editorial Report ... Now his Administration wants a shipping tax that would raise costs across the economy and make U.S. exports less competitive. U.S. Trade Representative Jamieson ...

Share and share alike; fleecing the flock; United they fall; and other highlights of recent tax cases. The Tennessee General ...

tells Digital Journal: “The abbreviation stands for His Majesty’s Revenue and Customs, which is a department of the government that deals with assessing the amount of tax people need to pay ...

The chain, which tends to draw bargain-hunters looking for everything from bicycles to outdoor grills, was seeing more and more higher-income shoppers. “When I saw it, I went back to our ...