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Hosted on MSNTax Tips: Tax exemption on income of ₹ 12 lakh is a rebate and not an exemption, what is the difference between the two?The central government has given a big relief to the employed citizens in this year's budget. Income up to Rs 12 lakh has ...
Last week, six councils were allowed to increase council tax above the usual 5% threshold, putting more of a burden onto ...
NBR cancelled two tax benefits: the income tax exemption for the Shuchona Foundation and the tax exemption on donation amounts made by individuals and organisations to the foundation ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
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Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
These high-yielding municipal bond ETFs trade below net asset value, meaning the price of the funds is less than the value of ...
With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...
If you have been diagnosed with an SMI and live alone, you could be entitled to a 100% discount and not have to pay any council tax. Persons classed as part of SMI and living with an adult carer could ...
The autumn budget delivered by Chancellor Rachel Reeves extends inheritance tax (IHT) to agricultural land, prompting ...
A Texas lawmaker is reintroducing legislation to revoke tax exempt status from NGOs that do not certify they are not assisting with human smuggling or trafficking.
Budget 2025 has introduced several personal finance changes that could significantly impact taxpayers and investors. Here are ...
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...
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