Incomes arising out of non-resident's income on Over-the-Counter (OTC) derivatives will be fully exempt from Income Tax under ...

First, the net taxable income needs to be calculated. It will be calculated as follows: The income tax will be calculated on the net taxable income. You will be required to calculate income tax on Rs ...

While filing income tax returns, we need many documents. Many times it happens that while filing the return, we come to know ...

India, May 24, 2024.(Priyanshu Singh/Reuters) A prominent rule change that will take place is related to the new income tax slabs which were introduced in the Union Budget 2025 , wherein ...

Tenants must deduct 2% TDS if their monthly rent exceeds ₹50,000, if the landlord is a resident Indian and 31.2% if the landlord is an NRI.

President Trump on Wednesday imposed a baseline tariff of 10% on all imports and additional, reciprocal levies on ...

A tariff is a tax imposed by a country on goods imported from other nations. It is usually a percentage of the product’s cost ...

applicable for tax deducted/paid on foreign income for FY 2022-23. The credit is solely available if the return is filed within the deadlines specified under sections 139(1) or 139(4).

WASHINGTON (AP) — After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats ...

The changes, including a revised income tax slab, new UPI regulations, and the introduction of the Unified Pension Scheme, are set to transform personal finance for millions across the country.

The BSE Sensex and NSE Nifty are likely to open higher on Wednesday ahead of the U.S. President Donald Trump's reciprocal ...

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...