wichayada suwanachun / Getty Images Tax-exempt interest is a type of income that is not subject to income tax at the federal, state, and/or local level. The most common source of tax-exempt ...

(b) the specific policies or measures that have been implemented by the Government to ensure that the middle-class is benefited more from tax exemptions; and Reply: The New tax regime was introduced ...

Shein and Temu won't meet an untimely end because of de minimis changes, e-commerce experts say. The logistics world has been expecting changes to the de minimis exemption for a while, and both ...

Critics of the exemption refer to it as a loophole and argue it has been unfairly utilized by e-commerce giants Shein and Temu to sell clothing and home goods directly from China to American ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower tax rates and a higher exemption limit. However, those who claim ...

Trump’s tariffs could change that. His tariff orders reversed a long-standing shipping loophole: the de minimis exemption. The rule allowed international exporters to ship packages worth less ...

On Wednesday, the United States Golf Association became the first major governing body to offer exemptions to LIV Golf players. For the 2025 U.S. Open at Oakmont, the USGA will give an exemption ...

US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers – especially those on low ...

McAllister, a partner at law firm Holland & Knight in Washington, D.C. The de minimis exemption has been around since 1930, when the threshold was $1, but has been increasingly used as a tool to ...

Copyright 2025 The Associated Press. All Rights Reserved. Luis Rubiales is accused of sexual assault and of trying to coerce Hermoso to publicly support him after the ...

However, the standard deduction and other deductions have remained unchanged. Here are the latest income tax rates, standard deduction available, basic exemption limit, rebate and deductions under ...