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Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics ... Third, tax systems should allow deductions for operational expenses ...

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You don't buy a house for the tax deductions. It's just a nice side benefit. And usually very much appreciated, considering all the extra expenses associated with homeownership. Here are eight tax ...

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions. Below, let’s explore critical small business tax deductions ...

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 ...

Tax Deductions: Here are some expected tax deduction terms you should know ahead of the budget. Union Budget 2025: The Union Budget is a crucial document that gives an insight into the government ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

Tax calculations: The Centre has once again aimed to enhance the appeal of the New Tax Regime by introducing lower tax rates and reducing deductions. This restructuring aims to simplify taxation ...