Simplification: The provisions under the Income Tax Bill, 2025, have clearer language and cater to modern work scenarios, such as allowances for digital work tools. 2. Standard Deduction: Increased ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here ...

Finance Minister Nirmala Sitharaman has made the new tax regime more attractive by making income up to Rs 12 lakh tax-free in ...

DuBois, announced a clinic for Property Tax/Rent Rebate (PTRR) applications will be held at his office 10 a.m. to noon Feb. 6 at ...

The Irish Revenue Commissioners Jan. 27 issued Revenue eBrief No. 028/25, updating guidance on the rent tax credit to reflect an increase in the value of the credit provided for by Finance Act 2024.

With the Property Tax/Rent Rebate (PTRR) program now open to accept applications, state Secretary of Revenue Pat Browne is reminding eligible Pennsylvania seniors and residents with disabilities that ...

Getty Images Under the Income-tax Act, salary income is taxed on a "due or receipt" basis, whichever comes first. Imagine an employee who decides to leave his current job but cannot fulfil the entire ...

Additionally, understanding tax implications in both the host country and your home country is essential. In many cases, rental income earned abroad is subject to taxation in the host country, and you ...