Over the next 12 weeks, the government is consulting on standardising e-invoicing [1] to boost uptake across UK businesses and the public sector.
The maximum claim for each child is $19,066. You can claim all of the eligible adoption expenses that you incurred but you have to claim them in the tax year that includes the end of the adoption ...
The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...
The Budget document specifies that the new slabs are for those opting for the New Tax Regime, in line with the Centre's push for this new regime that aims to simplify personal tax by doing away ...
Finance Minister Nirmala Sitharaman announced that taxpayers with salaries up to Rs 12 lakh would not be required to pay tax in the new tax regime. Sitharaman also proposed changes in the slab ...
Section 87A tax rebate: Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is ...
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many were left wondering if the government plans to scrap the old ...
Union finance minister Nirmala Sitharaman on Saturday provided much-needed relief to the middle class by raising the tax rebate limit in the new regime from Rs 7 lakh to Rs 12 lakh. This ...
Finance Minister Nirmala Sitharaman announced zero income tax for up to Rs 12 lakh under the new tax regime. The standard deduction for salaried employees will be Rs 75,000. The rejigged tax slabs ...
Budget 2025 Explained: FM Nirmala Sitharaman proposes BIG relief for the middle class. ZERO tax on up to ₹12.75 lakh income. Budget 2025 brought unexpected cheer to a large section of middle ...
Income Tax Budget 2025 LIVE: FM Nirmala Sitharaman says that the government will set up the Gyaan Bharat Mission for survey, documentation and conservation of manuscript heritage. Finance minister ...
This significant revision, part of the government’s effort to ease the tax burden on salaried individuals, marks a sharp increase from the previous tax-free threshold of Rs 7 lakh. The Finance ...
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