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 ...

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

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 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 ...

The Supreme Court (SC) has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act 6426, ...

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

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

According to a statement from the IRS this week, the form is called the "Statement Supporting Fuel Tax Credit (FTC) Computation - 1" and is meant "to educate taxpayers on eligibility requirements ...

The Aggregate Annual Turnover (AATO in GST) computation is a cornerstone of the GST framework, serving as a decisive factor for compliance, registration thresholds, and tax liability. AATO in GST ...

The Department of Finance addressed the concerns raised by city mayors about the National Tax Allotment (NTA) share computations. Finance Secretary Ralph ...

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.