Both Conservative Party leader Pierre Poilievre and Prime Minister Mark Carney have promised a tax cut to the lowest income ...

CIT (E) rejected the Trust’s request on the grounds that the receipts in the form of school bus fess, tuition fees & exam ...

Income tax department confirms tax benefits for DPIIT-recognised startups, investments eligible for benefits and exempt from ...

Learn about annuity income planning to maximize your retirement income. Discover the types, tax considerations, and how to ...

ITAT Bangalore held that disallowance u/s. 40 (a) (i) for non-deduction of TDS from foreign remittance for business development, project management, marketing and related services is restore back to ...

Today marks the beginning of the new financial year 2025-26. With the new year, a lot of changes are effective. This includes new income tax slabs and other new tax laws, such as tweaks in ULIPs ...

While the parties’ tax returns are the foundation for courts’ calculations of income, courts are vested with broad discretion ...

With a direct tax, you pay the tax to the entity that imposed it. Examples include income tax, real property tax, personal property tax, and taxes on assets, all of which are paid by an individual ...

Ahead of the upcoming federal election, tax experts are describing the Conservatives’ proposal to defer capital gains tax ...

Under tax plan introduced by South Carolina House Speaker Murrell Smith (R), the state would go from having the region's highest income tax rate to the nation's lowest.

The investment category was created in 2012, but more clarity is needed regarding applicable tax rates. The industry has been ...

Summary The new presidential administration and Congress have indicated that they intend to bring about a dramatic federal ...