The Nigerian Electricity Regulatory Commission (NERC) has approved the deduction of N1.69 billion from the total annual ...

Specifically, it updates Schedule 80-IE related to income tax deductions under Section 80-IE, which pertains to undertakings located in the North-Eastern region of India. A new entry “ah” has been ...

The 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, potentially reshaping the tax ...

"Expenses (like rent, electricity, Internet, etc) should be directly related to the profession. Proper records and proofs ...

The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

Winston-Salem/Forsyth County Schools has announced its selection for interim superintendent. Catty Moore was announced as ...

The income tax dept has introduced Excel utilities for ITR-1 (Sahaj) and ITR-4 (Sugam) for FY 2024-25; here's who is eligible ...

I do love lower taxes, of course. But nothing is free. And the benefit of lower taxes will likely be offset by the higher ...

People’s Bank has reported total consolidated operating income of Rs. 45.1 billion and post-tax profit of Rs. 11.0 billion, ...

If your total taxable income is less than ₹5 lakhs, you will get a rebate of ₹12,500 under section 87A. For the new tax regime, deductions/exemptions such as HRA and LTA would be taxable ...