ISLAMABAD: The Oil Companies Advisory Council (OCAC) has submitted a budget proposal for the fiscal year 2025-26 ...

The state Senate voted mostly along party lines to approve a bill that would trigger an income-tax cut if the state met certain revenue thresholds .

However, exemptions apply to those earning P250,000 or less annually, employees covered by substituted filing, individuals whose income is subjected to final withholding tax and minimum wage earners.

Collections from non-BIR operations include final withholding tax (under income taxes) and documentary stamp tax collections from transactions on government securities. Meanwhile, revenues from ...

Europe’s largest listed owner, developer and manager of logistics and industrial real estate by gross lettable area, today ...

Individuals with salaries not exceeding P250,000, employees covered by substituted filing, those with income subjected to final withholding tax and minimum wage earners are exempted from paying ...

The ATO has confirmed that it is still considering a royalty withholding tax (RWT) that would tax billions ... issues are at stake in the ATO’s final legal appeal on the matter.

followed by increases in Corporate Income Tax (CIT), Personal Income Tax (PIT), final withholding tax on government securities, and the Documentary Stamp Tax (DST). This brought the BIR’s ...

The Trump administration on Monday froze $2.2 billion in federal funding for Harvard after the school refused to agree to a ...

IndyStar is tracking what bills moved each week through the Indiana General Assembly's 2025 legislative session.

Officials from the Department of Homeland Security had previously sought the IRS’s help in finding 700,000 people who are subject to final removal ... to the same tax withholding and reporting ...