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“Indian Income Tax provisions specified a certain type of income which is not taxable at slab rate but taxable at special rate like sale of equity shares/units of equity mutual funds through ...
The recent combination of RBI rate cuts and the revised income tax slabs has handed Indian households, especially mothers, a powerful and rare opportunity. With EMIs easing and salaries rising ...
For salaried individuals who chose the new regime this financial year, employers will have deducted less tax at source (TDS) based on the new slab rates. Net taxable income is what you're left ...
BATON ROUGE — The Louisiana House of Representatives voted 86-13 Wednesday to approve a bill that might further cut the state’s new flat individual income tax rate and create a tax break for ...
The Kenya Revenue Authority (KRA) explained that income earned or accrued in Kenya from enterprises operating online or through an electronic network, including services provided through a digital ...
However, it's crucial to note that even if your income is below this, if you have been assigned a tax number, LHDN encourages filing. When more people pay taxes, the government has more resources to ...
Meredith Moore is the Founder & CEO of Artisan Financial Strategies LLC. She is fascinated by the interplay between gender, money and power. Tax season often feels like a sprint to the finish line ...
And urban consumption could improve due to a mix of income tax breaks, lower inflation and cheaper borrowing costs. An appreciating rupee and falling oil prices will reduce India’s import bill ...
Facing a potential revenue shortfall of ₹1 lakh crore following recent tweaks in income tax slabs under the new regime announced in the Union Budget, the government aims to recover lost ground by ...
The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of taxpayers, especially salaried individuals, pensioners, and those with ...
Government of Odisha, through a notification dated May 1, 2025, has introduced the Odisha Goods and Services Tax (Second Amendment) Rules, 2025, aimed at modifying the existing GST framework, ...