No proposal on income tax relief for senior citizens under consideration: Centre
The central government told the lower house of Parliament on Monday that no proposal on income tax relief to senior citizens ...
Cryptocurrency Taxes Guide: How They Work And Rates To Know
Learn how cryptocurrency taxes work, from taxable events to rates for short and long-term gains. Stay on top of your taxes ...
Newsable Asianet News on MSN1d
Life certificate for pensioners: Submit annual document by THIS date to avoid pension disruption
Central government pensioners aged 80 and above must submit their Jeevan Pramaan life certificate by November 30 to continue ...
Island1d
The Need to submit an electronic tax return and its challenges
By Sanjeewa Jayaweera The Inland Revenue Department (IRD) has decided that compliant taxpayers who submit their Return of ...
What taxpayers need to know about foreign income schedules of ITR
If you missed disclosing foreign income or assets in your income tax return (ITR), you can revise it by December 31.
USA Today3d
No, Fox News didn’t say Newsom would withhold California’s income taxes | Fact check
“BREAKING FOX NEWS: Reliable sources are reporting that California governor Gavin Newsom will withhold California’s 235 ...
Tax Guru3d
Legal Heir’s Challenge to Tax Recovery: Gujarat HC Ruling
State of Gujarat & Ors., the Gujarat High Court addressed a petition filed by the legal heir of a deceased director ...
Get up to 8.2% interest from Senior Citizen Savings Scheme, Sukanya Samriddhi and 4 other post office schemes
The government reviews interest rates of small savings schemes quarterly. Here is a list of small savings schemes offering interest rates between 7.5% and 8.2% for October - December 2024.
Tax Filers’ SIMs Will Now Be Automatically Restored By Telcos
The Federal Board of Revenue (FBR) has issued a detailed procedure for blocking and unblocking mobile phone Sims of ...
Tax Guru3d
Repeal Section 194T, which deals with TDS on Salary & Interest to Partners
This new section 194 stipulates that 20% tax is to be deducted at source from 01.04.2025 if the same exceeds Rs. 20,000/- in a year from the interest, salary, bonus commission etc., payable to the ...
BusinessMirror5d
‘Tax exemption period excludes nonprofits, retirement benefits’
THE Bureau of Internal Revenue (BIR) has excluded nonprofit groups from the validity period of the Certificate of Tax Exemption (CTE) issued to corporations and entities in the Philippines. Based on ...
philstar.com7d
Interesting fact on T-bonds: Is your interest income taxable?
The CTA held that pursuant to the Tax Code and the PH-NL Tax Treaty, income earned from treasury bonds is exempt from taxes. Hence, any tax paid in relation to said interest income is deemed ...