A simple guide to the five heads of income under the Income Tax Act, 1961, explaining salary, house property, business income, capital gains and other ...
The Tribunal ruled that exemption under Sections 11 and 12 cannot be denied by aggregating separate shareholdings to invoke ...
The Draft Income Tax Rules 2026 propose a significant overhaul of tax-exempt allowances for salaried individuals, potentially reshaping the old vs new tax regime debate. Higher limits for education, ...
The old tax regime rewarded disciplined investing. Every contribution not only built a long-term corpus but also reduced tax ...
ISLAMABAD: The country’s Independent Power Producers (IPPs) are raising concerns over the reinterpretation of the Income Tax Ordinance (ITO), warning that it could have significant financial ...
The 2026 World Cup highlights the complexities of applying international tax treaties and social security and totalization ...
EPFO retains 8.25% interest rate on EPF deposits for 2025-26, following consistent rates over recent fiscal years.
ET Wealth Reader's Query: I had purchased GOI Savings Bonds issued by the RBI in 2018. These bonds carried a fixed interest ...
HB 435, sponsored by Rep. Cindy Myrex, R-Cullman, allows the Alabama Department of Revenue to issue titles to current owners of manufactured homes from 1999 or earlier when the owner applies. The bill ...
SPONSOR: The Sponsor of the Raffle is the Miami Marlins Foundation, Inc., loanDepot park, 501 Marlins Way, Miami, Florida 33125.
Senate Bill 1591 imposes state and local litigation taxes on a person who is caught using a cellphone while they’re driving. Currently, there is a $50 fine and $10 worth of court costs. If this ...
Within two months of being sworn in as chief adviser on 8 August 2024, Grameen Bank was granted a tax exemption lasting until 2029. National Board of Revenue (NBR) officials noted that this provided ...