the tax return filing obligation arises based on Income level and not on actual tax liability payable. Even where the tax liability is NIL on account of rebate or various deductions, the taxpayer ...

The interim government has revoked the income tax exemption for the Shuchona Foundation run by Saima Wazed Putul, daughter of ousted premier Sheikh Hasina. The tax benefits that individual ...

If you have been active in the crypto space, knowing what tax forms to expect and how to handle them is crucial. Here is a breakdown of what you should look out for from crypto platforms.

You pay your federal income tax liability through withholding from your paycheck, estimated tax payments (usually if you’re self-employed) and payments made with the tax forms you file with the ...

Now he will be required to pay nil tax on such income. 13:15 (IST) Feb 02 Income Tax Slabs 2025 Live: How to claim ZERO tax benefit? The benefit of such Nil tax liability is available only in the ...

Union Finance Minister Nirmala Sitharaman's announcement of no tax will be payable on annual income up to Rs 12 lakh was highlight of her 8th budget presented under the Modi government on Saturday.

The Trade Union Congress of Nigeria has called for an increase in the tax exemption threshold from N800,000 to N2.5m per annum to ease economic challenges faced by low-income earners. The union ...

If the referendum passes, the school property tax for the two towns in the K-8 ... about $32 a month. The cap waiver is needed because the school district is facing a $3 to $4 million deficit.

Examples of canceled debt include property foreclosure or a charge-off on a credit card. Form 1099-C does not ... many homeowners relief from this tax liability. If the home you sold was your ...

India's personal income tax structure has seen notable reforms since the Modi government took office in 2014, with successive budgets aimed at reducing the tax burden on middle-class taxpayers.

Union finance minister Nirmala Sitharaman on February 1, in a major boost to consumption, announced no tax liability for individuals with a salary of up to Rs 12 lakh. Sitharaman said the move ...

For example ... a tax-motivated reason for expatriating. If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form ...