Over the time, the government has abolished various levies including wealth tax, gift tax, fringe benefit tax and banking cash transaction ... PTI JD CS ANZ HVA India needs fair, non-hyphenated and ...

House Republicans are considering taxing fringe benefits like employer-provided transportation, meals, and on-site gyms to ...

BUT WHAT EXACTLY ARE DE MINIMIS BENEFITS ? De minimis benefits can be best described as non-taxable compensation granted by employers to their employees holding managerial and rank-and-file positions ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

A: New York’s 421-a program is designed to incentivize developers to build dwellings in exchange for partial tax benefits over a period of time. When a rental building receives this benefit ...

New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer ...

With guaranteed returns, tax benefits, and a straightforward process, it is one of the most reliable financial tools available for retired individuals in India. This scheme is available through ...

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 ...

and Non-Resident Indians (NRIs). Old Tax Regime vs New Tax Regime The better option between the two income tax slabs depends on your annual income and the benefits you may receive. It is crucial ...

check out these six tax benefits for new parents — and make sure you take advantage of all the tax breaks available to families, new or not. If you were a single parent or otherwise considered ...

gift tax, fringe benefit tax and banking cash transaction tax. Also, the new income tax regime from 2022 had added to the size of the I-T Act as it necessitated amendment. Accordingly, several ...