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 ...

You earn more than Rs 12 lakh and are worried that you'll have to pay full tax per slab? Well, the good news is that marginal ...

Beneficiaries of those who die over the age of 75 could also face double taxation via inheritance and income tax. This means a higher-rate taxpayer could face a marginal rate of tax on inherited ...

Governments use economic growth metrics to shape public policy and budgets, while policymakers use real GDP when determining interest rates, tax rates, and trade policies. The GDP growth rate ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

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 ...

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 ...

But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains on the table, economists say. The Reserve Bank (RBNZ) cut the OCR ...

It posted a 0.2% increase in its profit before exceptional items and tax to 34.69 billion rupees for third quarter ended Dec. 31. Revenue rose 2% to 151.95 billion rupees on demand recovery in ...

The Federal Reserve announced today that interest rates will remain unchanged. (Photo by Win McNamee/Getty Images) There is little chance that the Federal Open Market Committee will cut interest ...

While income within super is taxed at 15 per cent, it’s still better than her 30 per cent marginal tax rate on income outside super. She has $70,000 in a super pension fund (to be drawn down ...