Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...

Here’s a breakdown of what you can still claim under the revamped system. Deductions For salaried individuals who opt for the new tax regime, there’s a standard deduction of ₹ 75,000 ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...

TAIPEI (Taiwan News) — The Financial Supervisory Commission said Tuesday that Taiwan's financial sector reported a pre-tax net profit of NT$1.58647 trillion (US$52.88 billion) last year. Sector ...

Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class. As per the new tax regime, individuals earning up to Rs 12 lakh in a year will not have ...

“The IRS is committed to delivering significantly improved services by providing taxpayers with tools, information, and assistance to make it easier to comply with their tax filing obligations ...

Here's what to know about the recent flurry of tariffs news. A tariff is a form of tax imposed on imports from another country. The domestic business buying goods from another country pays the ...

Don't miss out on the headlines from News. Followed categories will be added to My News. The uncosted policy was rolled out last month with the Liberal leader promising to cut red tape for small ...

The April 30 deadline for the 2024 tax year might feel far away with February just starting, but make no mistake, it comes up quickly. If you aren’t prepared, you might be scrambling to file your ...

The homestead property tax credit reduces or eliminates property taxes on the primary residence of a North Dakotan who is at least 65 years old, or who is permanently and totally disabled North ...