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 ...

3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

Orissa High Court reviewed a revision petition challenging the legality of an order passed by the Additional Chief Judicial Magistrate (Special Court), Cuttack, in a case under Sections 276B and 278B ...

With the US import tariff hike looming large, India has said it is not a tariff king. In a recent interaction with TNIE, ...

Delhi-based real estate developer Anant Raj became a multibagger stock by leveraging the housing boom and the rise of ...

When the money comes back to the government, it can gravitate towards only a few sectors or industries...When it goes to the ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

A key highlight of the new policy is that beer, liquor, and wine will now be sold from a single counter, according to sources ...

The revised estimate for 2024-25 proposes a budget of Rs 2099.93 crore, while the budget estimate for 2025-26 allocates Rs ...

What is the Earned Income Tax ... Block This Year Tax Credits Several tax breaks, including the Child Tax Credit, may face reforms or be cut entirely as lawmakers seek revenue for Trump’s ...

If implemented, this initiative could be a game-changer. Industry insiders estimate that Bangladesh could save $1 billion in foreign currency annually by reducing its reliance on imported APIs ...