those panel members told senior Republicans they would not vote for a draft budget blueprint similar to what Johnson and committee chairs outlined during a closed-door meeting at the House GOP ...
Senate Republicans are reportedly raring to go with an alternative route to fast-track President Donald Trump’s agenda through Congress even as party leaders in the House have not yet finalized their ...
The reform will promote ownership for vacation homes or secondary residences as well. Getty Images The reform will promote ease of tax compliance. The budget has proposed a pivotal change for property ...
The deemed calculation of house will apply only if the taxpayer has a third house. ET Online As per the proposals made in Budget 2025, a taxpayer can easily claim both houses as self-occupied and will ...
The Budget suggests amending Section 23, sub-section (2) of the Income-tax Act which allows the annual value of a house or part of it to be considered as nil if the owner occupies it for personal ...
Finance Minister Nirmala Sitharaman on Saturday, February 1, relaxed the conditions for tax relief on a second self-occupied house. Previously, only one property could be valued as Nil, meaning it was ...
Among the co-sponsors of the entire package is House Budget Chairman Jodey Arrington, R-Texas, who is playing a critical role in congressional Republicans’ efforts to pass a massive conservative ...