California Governor Gavin Newsom, a Democrat, signed off on the country’s strongest plastic reduction policy. The legislation ...

The Bureau of Internal Revenue (BIR) has created a task force to audit social media influencers for tax registration ...

Learn how foreigners can file personal income tax in the Philippines, understand tax residency, rates, deductions, and filing ...

The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...

In the Union Budget 2025, the Finance Minister announced significant changes to the new income tax regime Under the new tax system, people will not have to pay income tax on annual earnings up to Rs ...

This adjustment reflects the effects of higher equity valuations and lower fixed-income yields, which have led to reduced return expectations for stocks, bonds, and cash over the next 30 years.

As such, it must be included in taxable income when filing your T2 corporation income tax return for the year in which the rebate was received. The Government of Canada has proposed that the rebate be ...

Britain's debts continue to grow as the government keeps on spending more than it earns. So should the UK's 35% tax take rise closer to the 46% level in economically ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

Corporations generally pay their income tax in instalments during the year followed by a balance of tax that is paid 2 or 3 months after the end of the tax year depending on your balance-due day.

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