News

Various approaches to taxing wealth could be useful to address intergenerational inequality and wealth distribution issues in the European Union, a report by the European Commission found.
Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...
Without the employer's breakdown of the lump sum salary, you cannot file form 10E to claim a rebate under Section 89(1) for ...
Thanks to depreciation, a non-cash expense that reduces taxable income without reducing actual earnings, REITs like Realty ...
Investors Letizia Alto and Kenji Asakura qualify for Real Estate Professional Status (REPS), which offers significant tax ...
Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes deducted from your salary and deposited with the Income Tax Department.
"The current tax rate on interest income for filers was 15%, while for non-filers, it was increased to 35%. It is under consideration to jack up tax rates for both filers and non-filers by 2% on their ...
President Trump's new bill could make your auto loan interest tax ... according to the Tax Foundation. Single filers earning above $149,000 and joint filers making over $249,000 wouldn’t ...
From the Assessment Year 2022–23, citizens aged 75 and above with income derived solely from pensions and interest from the same bank are exempt from filing Income Tax Returns (ITR).
Net interest income of C$3.79B, exceeding the Visible Alpha consensus of C$3.75B, was roughly flat with C$3.80B in the prior quarter and jumped from C$3.28B a year ago.
It stated that the tax on earnings above $3 million, or $180,000 in your example, is 5.66 per cent or $1528, whereas most people I talk to think it is a straight 15 per cent on the additional ...