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Updated Mar 08, 2021 | 06:08 IST
Ever since the announcement, taxpayers have been confused about whether they should stick to the old regime which offers the benefit of exemptions and deductions or switch to new regime which has lower rates New tax regime vs Old tax regime: How to choose the better option for you?
New Delhi: In last year s budget, Finance minister Nirmala Sitraman announced a new tax regime with more tax slabs and lower tax rates. This was long demanded by most taxpayers. However, the new slabs came with the catch of removal of all the deductions and exemptions available. The finance minister gave taxpayers a choice between the new regime and existing one, leaving it to them to decide which they would like to opt for.
Interim property tax bills are in the mail, the City of Greater Sudbury says. The first instalment is due on March 1 and the second is due on April 1. Interim…
I have never in my life filed for unemployment, Kramer said.
She said she received three more letters from IDES regarding unemployment benefits, and then another saying she owed the state $332 and if she didn t pay the state would deduct and withhold her state income tax refunds. This is crazy. I never applied for unemployment and never received benefits, she said. I ve never contacted any of these people, how can they be sending me this?
The ABC7 I-Team has been investigating fraud impacting the state s unemployment system over the last several months, and with every story shared more people come forward claiming to be victims of an unemployment scheme.