Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Jan 30 (Reuters) - Indian gas distributor GAIL (GAIL.NS), opens new tab reported a nearly 30% fall in third-quarter profit before one-off items and taxes on Thursday, as costs rose amid muted ...

(RTTNews) - Telecom major BT Group plc (BT_A.L) reported Thursday that its third-quarter profit before tax of 427 million pounds grew 1% from last year, primarily due to EBITDA growth. The ...

(RTTNews) - British oil and gas major Shell Plc (SHEL, SHEL.L) reported Thursday that its fourth-quarter income before taxation surged to $4.21 billion from last year's $1.64 billion. Income ...

The message, with particular references to middle class and poor, has fuelled expectations that the government may introduce measures with a focus on economic relief, tax benefits and women ...

Cummings, Esq, CPA, CEO, Cummings & Cummings Law, explains that this hybrid approach to homeownership brings unique tax implications that differ from traditional homeownership and real estate ...

Budget 2025 Live Updates: The revision of the Capital Gains Tax regime was a key feature of Budget 2024, impacting investors across various asset classes. Finance Minister Nirmala Sitharaman ...

Benjamin Elks, grassroots development manager of the TaxPayers' Alliance, said: "Councils should ensure that they're being fair and thorough by collecting the correct amount of council tax." If ...

If that happens, the estate tax exemption limit could fall to roughly $7 million (pre-2018 levels after adjusting for inflation) in 2026. However, the Trump administration and Republican lawmakers ...

In a letter to the PM, the PBC, while acknowledging his government's efforts to stabilise economy, recommended not to change tax policies for real estate. It, however, supported facilitation for ...

Would $400,000 be enough? The mobile home of Barbara Corcoran, a real estate mogul and businesswoman, perished in the Palisades fire, along with those of all of her neighbors. “I feel like I ...