These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will be subject to a long-term capital gains ...

Despite these challenges, there are effective ways to reduce your tax bill. Ms Coles shared six strategies to consider before the tax year ends on April 5. Pay into a pension Higher-rate taxpayers ...

The tax increases would affect approximately 4.4 million residents in Britain, according to a Daily Mail audit, raising fresh concerns about the management of public finances. Notably, the Royal ...

reducing your tax rate. So you may see a slight increase in the amount of you money you take home each pay period. A higher standard deduction could also help lower your tax bill or boost your ...

Connecticut and Vermont have flat taxes, but most estate taxes are progressive — meaning the rate increases with the total value of the assets. Connecticut has a flat estate tax rate of 12% ...

before referring them to higher centres was effective in improving the survival rates of patients, especially those who reached a higher facility within an hour. The State government launched ...

US President Donald Trump has alleged ‘discrimination’ against American companies and threatened to double tax rates for foreign nationals and companies under Section 891 of the US Tax Code ...

Reduced surcharge for high net worth individuals: The surcharge rate on income over Rs 5 crores has been reduced from 37 per cent to 25 per cent. This move will bring down their effective tax rate ...

Here’s a summary of they said: Major tweak in income tax slab rates needed and link it with inflation Rahul Charkha, Partner at Economic Laws Practice, says, over the past decade the inflation rate ...

These simple but effective “tax hacks” can make a big difference when it comes time to file. You can lower your tax bill with these smart moves. Use tax-loss harvesting if you had big gains in ...

Donald Trump has threatened to double tax rates for foreign nationals and companies in the United States to hit back at “discriminatory” levies on American multinationals, in a move that threatens to ...