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36 million families may start receiving Child Tax Credit deposits on July 15 By Aimee Picchi June 9, 2021 / 7:08 AM / MoneyWatch The IRS is sending letters to more than 36 million families who may qualify for monthly payments under the federal Child Tax Credit. Under the expanded tax benefit, families may be eligible to receive up to $300 per child on a monthly basis from July 15 through December 15. President Joe Biden s $1.9 trillion American Rescue Plan expanded the Child Tax Credit from $2,000 annually to as much as $3,600 per child. It also will send monthly payments to parents of children under 18, providing what one expert has called a baby step toward universal basic income. ....
Updated: Share Article AAA AIADMK coordinator O. Panneerselvam on Wednesday expressed concern over reports of a spike in the prices of raw materials used in the construction of houses. In a statement, he gave an account of how the prices of materials like cement, river sand, gravel and bricks had changed following the lockdown. This had hit construction activity, he said. Mr. Panneerselvam urged Chief Minister M.K. Stalin to take steps to bring the prices under control. ....