Small-business owners and freelancers who work at home can still itemize tax deductions for expenses like rent, mortgage ...

The 30% tax slab applies to those earning above Rs 24,00,000. The income tax calculator allows an individual to compare the income tax liability in two financial years. Currently, the income tax ...

Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

commonly called “straight-line” depreciation, is roughly an evenly paced three-year deduction that’s spread over four tax years: year one, 17% of the cost of the truck; years two and three ...

For years, the iPhone SE lineup has offered Apple fans a way to get premium performance at a lower price. But that affordability comes with a hidden cost: higher depreciation compared to flagship ...

Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period and fiscal year ended December 31, 2024.

Be informed on how to calculate income tax to understand the savings. 2. 33.33% or INR 25,000 deduction on family pension (whichever is less) 3. Up to INR 5 lakh on receivings from voluntary ...

Here’s what to know about this tax break, the rules for claiming it, and how to calculate your total ... maintenance, depreciation, and rent. Direct costs, such as new carpet or repairs, are ...

Regarding your comment about apps that calculate tax, they are not always as comprehensive when it comes to information required to complete SMSF financial accounts and annual returns. That doesn ...

A year later, he’s celebrating a Rs1.2 lakh profit (before taxes), his portfolio swelling ... ‘but even the best hedge isn’t perfect when the depreciation trend is strong.

Definition: STT is a kind of turnover tax where the investor has to pay a small tax on the total consideration paid or received in a share transaction. Description: STT was introduced in the Budget of ...