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House Republicans are starting to put some meat on the bones of their sweeping tax and spending cuts package, otherwise known ...
Under the old tax regime, individuals and businesses could claim a variety of exemptions and deductions—such as house rent ...
Still, it might be of little appeal to investors, particularly high networth individuals, as their dividend incomes are now ...
ISLAMABAD: The Salaried Class Alliance Pakistan has called for a revision of tax slabs, an increase in exemption ... Part I of the Second Schedule of the Income Tax Ordinance, 2001, the Alliance ...
Pensioners must now pay £2,700 more in tax to maintain their lifestyles than four years ago. In 2020-21, a pensioner would have paid £5,058 in income tax to live a "comfortable" retirement ...
In his LinkedIn post, he pointed out that Gauri Khan’s 37% profit over 1.6 years translates to an annualized return of roughly 21.1%. Sonakshi ... short-term capital gains tax—meaning it will be taxed ...
As per a government notification issued back in 2011, interest from post office savings accounts is exempt under Section 10(15) of the Income Tax Act. Listen to Story The new income tax regime was ...
NEW DELHI: The income tax department has notified a new Income Tax Return form --ITR-B -- for declaring undisclosed income under the block assessment scheme, a procedure for assessing undisclosed ...
These apply to investments foreign investors make through ‘qualifying funds’ in the UAE, which means they will not be paying any corporate tax on that income. The new UAE rules assume extra ...
Coming up from April 1, 2025: New rules for mutual funds allotment, UPI and GST invoicing Coming back to NTR slabs. It would be quite natural to ask if no tax is levied up to an income of ₹12,00 ...
Filing your Income Tax Return ... often you can change tax regimes and what to keep in mind before filing. The government introduced a new tax regime in 2020 with lower slab rates but without ...