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Income Tax and Filing
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How much tax should an investor pay on???3 lakh profit from shares or mutual funds? Check calculations
14+ hour, 4+ min ago (523+ words) People invest in stocks and mutual funds to make profits from short-term price movements or to build wealth over time, depending on the type of assets. The gains from these investments may also be subject to capital gains tax if…...
Red C Poll: Public supports shifting tax burden from income to capital
17+ hour, 52+ min ago (47+ words) businesspost.ie Red C Poll: Public supports shifting tax burden from income to capital ‘You can grow with them’: Cork’s Otonomee on building a global customer base ICG tops Iseq after Rothwell secures €1.2bn buyout backing...
Tax reform’s winners and losers come into focus
17+ hour, 46+ min ago (914+ words) Luxembourg’s tax overhaul will expose sharp differences between one- and two-income households when MPs examine new research on Tuesday. Ursula von der Leyen’s State of the Union will provide a wider test of Europe’s ability to deliver on the competitiveness…...
MAT & AMT Under Income Tax Act 2025: Rates, Applicability and Credit Rules
18+ hour, 1+ min ago (991+ words) The Income-tax Act, 2025 has retained the framework of Minimum Alternate Tax (MAT) for companies and Alternate Minimum Tax (AMT) for non-corporate taxpayers, while introducing important changes in the treatment of tax credits. The provisions are contained in Section 206 of the…...
India’s new tax code rewards digital traders – but still makes them do the math themselves
18+ hour, 43+ min ago (228+ words) Under the Income Tax Act, 2025, traders and professionals with over 95% digital receipts can declare a lower deemed-profit rate and operate under a higher turnover threshold than those who deal mostly in cash. In this post, Bipin Kumar argues that while…...
LG CNS Earns Indonesian Tax Plaque
20+ hour, 29+ min ago (397+ words) Businesskorea Company Praised For Coretax Rollout And Stabilization LG CNS received a plaque of appreciation from the Indonesian National Tax Service for its contribution to the successful implementation and stabilization of ‘Coretax’, the next-generation tax administration system. The delivery ceremony…...
Owen Reidy: Simplistic approaches to taxes will ultimately hurt workers
21+ hour, 53+ min ago (831+ words) 'Tax cuts are a blunt instrument.' File picture Over recent weeks and months, Government ministers have said that Budget 2027 will be one that “makes work pay”. As the representative organisation for more than 800,000 workers across Ireland, we welcome this commitment....
Taxing questions amidst the political silly season
23+ hour, 18+ min ago (597+ words) This is a re-post of an article originally published on pundit.co.nz. It is here with permission. More recently, when National announced it would extend cervical screening to women aged 24 to 69 if re-elected (Labour pledged a similar policy in…...
Growth in income and sales taxes boosts state coffers
1+ day, 53+ min ago (238+ words) The Rome News-Tribune Javascript is required for you to be able to read premium content. Please enable it in your browser settings. This story is available through a news partnership with Capitol Beat News Service, a project of the Georgia…...
Pearl Thusi responds to nearly R15m SARS tax demand
1+ day, 9+ hour ago (307+ words) SARS has come knocking on Pearl Thusi's door with a hefty bill. The revenue service issued a formal demand to the actress for close to R15 million in unpaid tax, interest and penalties, and the clock is ticking for her to…...