Tax experts are anticipating that Budget 2025 will reintroduce sops for EV purchases and clarify the computation of ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

The dispute centers on the applicability of a concessional tax rate of 25% available to domestic companies under the Finance Act, 2017, for companies whose turnover in FY 2015-16 does not exceed ₹50 ...

THE SUPREME COURT has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act (RA) No. 6426, or the Foreign Currency Deposit Act of the Philippines. In a decision ...

Foreign currency deposit accounts are not subject to estate tax, the Supreme Court (SC) has ruled. In a decision, the SC First Division upheld the claim for an estate tax refund filed by the estate of ...

It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

While the current regime offers concessional tax rates and restricts the ability to claim the majority of exemptions and ...

Finance Secretary Ralph G. Recto held a dialogue with city mayors to address concerns regarding the computation of National ...

Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...

The Direct Tax Code will overhaul the income tax laws, making them simpler and reducing legal complications and litigation ...