notice from tax authorities regarding an “alleged irregularity” in availing input tax credit exceeding Rs 1,000 crore during the financial years 2019 to 2023. According to the notice received on ...

The United States could scrap long-standing incentives for electric vehicles as President Donald Trump could make sweeping changes in the near future. Republican lawmakers are finding themselves ...

Two California bills – one signed, another on the way – hope to remake the state's film incentive program with far more money ...

The Senate's new bill seeks to make 2017 tax cuts permanent, offering lasting relief for individuals. While it promises more ...

Wisconsin is among the 13 states lacking film incentives and a film office, which Action Wisconsin aims to change.

The Norwalk Theatre, 57 E. Main St., will receive $2 million in tax credits for its restoration project, according to a news release. The total cost of the project is $10.5 million, the release ...

Wind and solar companies were already bracing for Congress to end federal subsidies. But the Senate bill goes even further ...

Elon Musk calls the Senate’s latest version of the spending bill ‘utterly insane and destructive.’ ...

While the earlier proposal would have ended the incentive at the end of this year for most EV sales, the new version terminates the credit after Sept. 30.

Developers will receive the tax credit only after project construction is complete and all program requirements are verified.

The Senate voted 51 to 49 to move the Finance Committee’s updated draft of the reconciliation bill to debate. The new ...