Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...

In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the ...

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

Pre-tax income and revenue are two distinct financial metrics, each serving a different purpose in evaluating a company’s ...

Rachel Reeves has wiped out the £9.9bn headroom she left herself to borrow and may be forced to raise income tax to cover the ...

The Alternative Investment Market, or AIM is a an index of smaller UK companies. The government wants people to invest in ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...

ABN Amro booked net profit of €2.4 billion last year, down some 11% on 2023 due in part to higher tax costs, the financial ...

Now a online process has to be used for submitting order giving effect requests. Earlier even if a taxpayer won a case ...