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In our Asia Transfer Pricing Brief for Q1 2025, we present the latest updates on transfer pricing in Thailand, Sri Lanka, and ...
Thailand will waive the capital gains tax on crypto sales made through licensed crypto asset service providers in the period from Jan. 1, 2025, to Dec. 31, 2029, Deputy Finance Minister Julapun ...
Deputy Finance Minister Julapun Amornvivat announced the measure, calling it a move to increase investment, stimulate economic activity, and drive long term growth. Amornvivat stated, “The Cabinet ...
Penn Wharton forecasts that the bottom 20% of U.S. households would lose $1,035 in 2026, while the top 0.1% of income earners would get an after-tax boost of $389,000 due to the bill's provisions.
After you file your Income Tax Return (ITR), the Income Tax Department runs a preliminary check to verify your submission. Based on this review, it sends you an automated notice under Section 143 ...
According to the Income Tax Act, employers are required to provide Form 16 on or before June 15 at the end of the financial year. Form 16 is mandatory for salaried taxpayers.
Tax Credit Increase Would Exclude Millions of Low-Income Children, Study Finds The domestic policy bill passed by the House raises the maximum child tax credit to $2,500.
U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face a net loss of income under his massive tax and spending bill in ...
New Tax Regime: Weigh these factors I. Deductions: If a taxpayer has invested in a slew of tax-saving instruments which are allowed under section 80C, 80D and 80DD, among others – then it is ...
For example, if income is earned in 2025 and brought into Thailand in 2025 or 2026, it is not subject to tax. However, if the income is remitted after that period, normal tax obligations apply.
With the Income Tax Department's e-filing portal, the process has become simpler than ever. Keep your PAN, Aadhaar, bank statements, Form 16, and investment proofs ready to avoid last-minute hassle.