On Thursday, the NBR issued a notice on the tax cut with immediate effect. The list of fruits includes ... 15 percent VAT, 5 percent advance income tax, and 5 percent source tax.

Amitabh Bachchan has emerged as India's highest tax-paying celebrity for FY 2024-25, surpassing Shah Rukh Khan. The ...

Meeting income ... to miss out on tax benefits or may even have to pay penalties, fees or fines. The financial year 2026 is set to culminate in another 15 days. We, therefore, list out the key ...

Brazil's government on Tuesday unveiled a long-promised plan to exempt individuals earning up to 5,000 reais ($881.27) per ...

The House voted to increase a state income tax exemption on withdrawals from IRAs and 401(k)s for people 65 and older.

Brazil's government will propose a 10% tax on corporate profits and dividends sent abroad to help offset revenue lost from an ...

Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the ...

For those in need, Form 4868 is the unsung hero of spring, granting you an automatic six-month extension to file your tax ...

Here's a look at five warnings to heed from the 2025 "Dirty Dozen" scam list ... Wage and Tax Statement, or other forms like Form 1099-NEC and other 1099s with false income and withholding ...

Mortgage interest on FHLs is currently treated as a deduction from rental income for income tax purposes. From April 2025, relief will instead be given as a 20 percent tax credit for higher and ...

Kansas is no longer part of this list, and West Virginia is phasing out Social Security taxes, with no state income taxes on Social Security starting in 2026. “Each state has tax provisions that ...

Maite joined the AS USA in 2021, bringing her experience as a research analyst investigating illegal logging to the team. Maite’s interest in politics propelled her to pursue a degree in ...