To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...

China tax brief for January 2025, we spotlight policies and measures just announced or scheduled for implementation.

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

Hong Kong’s economy grew at a slower pace in 2024 as stagnant consumption and a lackluster property sector weighed on activity, highlighting the risks ahead for Asia’s financial capital amid a looming ...

The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with those of OpenAI, despite using less advanced, more energy efficient ...

What you can deduct: A portion of your mortgage or rent; property taxes; the cost of utilities, repairs and maintenance; and similar expenses. Generally, this deduction is only available to self ...

However, other changes involving state taxes are equally important. Those state tax changes, ranging from income tax cuts to property tax and rent tax relief and gas tax increases, vary ...

Tax Season 2025: How long will it take to get your refund after filing your return? The standard deduction is a fixed amount you can subtract from your income to reduce the portion that is taxed.

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...

Hong Kong should offer tax benefits to cross-border e-commerce platforms to attract such businesses and look at reviewing the civil service as ways to boost the economy, accounting firm Deloitte ...

The government's flagship, simplified New Tax Regime has slowly but surely gained tax payers' acceptance. In Assessment Year 2024-25, 72% of taxpayers opted for it. Is this change here to stay?