The fate of President Donald Trump’s tax legislation may rest on whether the GOP can find common ground on tax breaks for high earners in predominantly Democratic states — and the issue also ...

Under the new ... which tax regime is more beneficial regardless of your home loan interest. All you need to do is calculate this point based on your income level. Broadly, the less you earn, the ...

The updated form is mandatory for all ... corporate tax must adhere to this new requirement, which takes effect on April 1, 2025. > A significant revision in the capital gains tax regime has ...

Rental Income Under New Tax Regime: The new tax regime offers lower tax rates but removes deductions like principal repayment ... residential properties the same for tax purposes, meaning all types of ...

So, it’s important for freelancers and self-employed professionals to keep a track of all their ... that the deductions and exemptions may vary depending on the tax regime you choose. While the old ...

Nigeria is heading towards a new tax regime as the Senate yesterday passed ... a coordinated body for tax administration across all levels of government. Both bills were passed after a clause ...

ITR filing 2025: As the income tax department has released ITR-1, ITR-3, ITR-4, and ITR-5 forms, the filing of income tax returns for AY 2025-26 (FY 2024-25) is imminent. When filing their ITR ...

It does not address a host of important issues, including the $10,000 cap on state and local tax deductions ... and help usher in a new golden age of prosperity.” The tax cuts are just one ...

FAISALABAD: All business, trade and industrial organisations from the platform of Faisalabad Chamber of Commerce & Industry (FCCI) have rejected the new tax laws (amended) ordinance 2025 and ...