Articles for Tax Payments

A million taxpayers will soon receive up to $1,400 from the IRS
Trending News
1 day, 5 hours ago

A million taxpayers will soon receive up to $1,400 from the IRS

NPR  

A million taxpayers will soon receive up to $1,400 from the IRS toggle caption J. David Ake/AP Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The IRS said it's distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. …

Tax Credit Payments Received Irs Receive Eligible
Now, you will be able to transfer ₹5 lakh in a single UPI transaction under THIS category: Check details
3 months, 1 week ago

Now, you will be able to transfer ₹5 lakh in a single UPI transaction under THIS category: Check details

Live Mint  

NPCI revised the limit to ₹ 5 lakh for payments of tax, hospitals & educational services and payment for IPO and G-Secs If you rely on the Unified Payments Interface for most of your payments, then there is good news for you. {{^adFree}} {{/adFree}} So, now consumers will be able to make UPI payments of ₹5 lakh per transaction for …

Tax Payments Payment Adfree Lakh Limit Single Transaction
RBI enhances UPI tax payment limit to ₹5 lakh per transaction
4 months, 2 weeks ago

RBI enhances UPI tax payment limit to ₹5 lakh per transaction

The Hindu  

The Reserve Bank of India has decided to enhance the limit for tax payments via UPI from ₹1 lakh to ₹5 lakh per transaction, Governor Shaktikanta Das announced on Thursday. “As direct and indirect tax payments are common, regular and high value, it has been decided to enhance the limit for tax payments through UPI from ₹1 lakh to ₹5 …

Payments User Rbi Das Lakh Tax Payments Payment Limit
Gap between US income taxes owed and paid is set to keep growing, IRS says
1 year, 2 months ago

Gap between US income taxes owed and paid is set to keep growing, IRS says

Associated Press  

NEW YORK — The amount of tax money owed but not paid to the IRS is set to keep growing, according to projections published by the federal tax collection agency on Thursday. For tax years 2021 and 2020, the latest to receive such IRS estimates, the projected gross “tax gap” soared to $688 billion and $601 billion, respectively. That marks …

Pay Billion Irs Income Taxes Gap
Federal budget: White Pages listings, payments to tax havens and the weird contracts within
1 year, 7 months ago

Federal budget: White Pages listings, payments to tax havens and the weird contracts within

ABC  

A company that makes podcasts discussing explicit sex acts and interviewing porn stars won a $382,712 contract from the Office of the Prime Minister and Cabinet under the Morrison government. Key points: The federal budget will reveal about $650 billion in spending for the coming year Contracts in previous years include $382,000 for social media moderation to a Gold Coast …

Media Tax Services Money Budget Contracts Legal Services
Why Fox News likely won’t have to pay full $787.5m settlement to Dominion
1 year, 8 months ago

Why Fox News likely won’t have to pay full $787.5m settlement to Dominion

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fox Corp's $787.5m settlement …

Business Insurance Media Settlement Pay Company Fox News
Income Tax payments: Pay with UPI, Credit Card; check step-by-step process here
2 years, 1 month ago

Income Tax payments: Pay with UPI, Credit Card; check step-by-step process here

Firstpost  

If you pay through the NSDL and Income Tax websites, you won’t be levied any extra charges. As part of the new service offered by the Income Tax Department, payments for taxes can also be done via credit cards, pay-at-bank counters, UPI, RTGS, and NEFT in addition to debit cards and online banking. Since UPI and Credit cards have become …

Credit Credit Card Income Credit Cards Card Department Upi
These banks are not on NSDL portal anymore for tax payments; details here
2 years, 1 month ago

These banks are not on NSDL portal anymore for tax payments; details here

Firstpost  

Customers should have been made aware of this modification by banks via email or SMS. People who are paying their taxes with certain banks are now recommended to go to e-Pay Tax on the new income tax portal to make direct tax payments Customers can now pay their income taxes through a newly-launched online portal, the e-Pay Tax window. Customers …

Payments Bank Payment Direct Banks Tin Income Taxes
Indiana gas tax increases while state eyes inflation relief
2 years, 6 months ago

Indiana gas tax increases while state eyes inflation relief

Associated Press  

INDIANAPOLIS — Indiana will see another increase in state gasoline taxes starting July 1 amid promises of inflation relief — including a proposal to issue direct payments to Indiana residents later this month. The state’s residents will pay 62 cents per gallon in taxes on gasoline, the state Department of Revenue announced Monday — another jump from June’s record-high 56 …

State Indiana Holcomb Cents Inflation Relief Gasoline Taxes
EXPLAINER: How to get up to $3,600 per child in tax credit
2 years, 10 months ago

EXPLAINER: How to get up to $3,600 per child in tax credit

Associated Press  

WASHINGTON — Millions of Americans who have never filed a tax return will need to do so this year in order to claim what’s coming to them under the enhanced child tax credit. Eligible families that didn’t receive any advance child tax credit payments during 2021 can still claim the full amount of the child tax credit on their federal …

Tax Credit Taxes Payments Child Families Received
Child tax credit tussle reflects debate over work incentives
3 years, 2 months ago

Child tax credit tussle reflects debate over work incentives

Associated Press  

WASHINGTON — To supporters of the child tax credit, there has always been an “aha moment” — the recognition that as little as a few hundred dollars a month could be life-changing. Bennet and DeLauro are among the Democratic lawmakers who have pushed to make permanent an expanded child tax credit, which President Joe Biden’s coronavirus relief package transformed into …

Policy Parents Tax Credit Payments Jobs Work
Federal Budget to include cash payments worth $500 for aged, family and disability welfare recipients
4 years, 2 months ago

Federal Budget to include cash payments worth $500 for aged, family and disability welfare recipients

ABC  

Aged, carer, family and disability welfare recipients will receive $500 in cash payments in the next five months, in a move the Federal Government hopes will stimulate the Australian economy. Key points: Cash payments will be paid in December this year and March, 2021 Both payments will be $250 The payments are part of the Federal Budget, which was delayed …

Budget Cash Payments Federal Budget Payments Worth
Swiss region to take cryptocurrency for tax payments in 2021
4 years, 3 months ago

Swiss region to take cryptocurrency for tax payments in 2021

Associated Press  

GENEVA — A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year. Switzerland’s Zug canton joins its eponymous main city and several Swiss towns in agreeing to take tax payments in cryptocurrency. The canton, which bills itself as home to …

Tax Payments Swiss Tax Payments
Trump challenges subpoena for tax records after court ruling
4 years, 4 months ago

Trump challenges subpoena for tax records after court ruling

Al Jazeera  

Trump claims in court documents the grand jury subpoena is ‘overbroad’ and focused on payments made in 2016. US President Donald Trump has insisted in court papers that a grand jury subpoena over his tax returns was “overbroad” and issued “in bad faith”. Trump on Monday reiterated the argument in his latest court filing challenging the subpoena for eight years …

Court Trump Subpoena