ITAT Pune rules discretionary trusts pay surcharge at slab rates, not 37% maximum on dividend income, reversing CPC and CIT(A) ...

Rajasthan AAR rules Aadinath Agro Industries ineligible for GST Rule 86B exemption, stating firm and partner income tax ...

That’s the equivalent to an annual pre-tax salary of around £37,500 ... “Rampant inflation in 2022 and the first half or more of 2023 eroded the spending power of people’s salaries ...

The first batch of 2024 income tax refunds worth $27.8 million has been released. The Department of Revenue and Taxation, together with the Department of Administration, announced the release of ...

“The overall monthly child poverty rate rose sharply between December 2021 and January 2022,” the study found. Fewer groceries, more debt: Families brace for first month without child tax ...

Because they come with certain tax advantages, there are limits on how much you can contribute each year. There are also income limits that phase out tax-deductibility (or eligibility for Roth IRAs).

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 ...

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