The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...
One significant amendment in the revised Income Tax Bill is the introduction of the term 'tax year', which replaces the ...
While the new Income Tax Bill does not appear to bring in major policy changes, it introduces several structural and ...
The new legislation will replace the Income Tax Act of 1961. Once passed, it will be called the Income Tax Act, 2025 ...
The proposed law replaces the term 'previous year' used in the Income Tax Act, 1961, with 'tax year.' Additionally, the ...
Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...
The Financial Express on MSN1h
New Income Tax Bill to bring social media influencers under strict tax net – freebies and barter deals to be taxableFreebies, barter deals, and social media earnings will no longer go unnoticed, and influencers will be required to disclose ...
Pre-tax income and revenue are two distinct financial metrics, each serving a different purpose in evaluating a company’s ...
One of the significant changes is the introduction of simpler terminology, with the ‘Tax Year’ replacing ‘Assessment Year’ and ‘Financial Year’ replacing ‘Previous Year’.
Fulton Financial Corporation's balance sheet has strengthened, with notable increases in deposits, loans, and cash, alongside ...
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
From a financial planning perspective, the decision of a working mother—whether to stay in the workforce or leave—has ...
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