Definition: Tax-planning funds cater to the investors' need of minimizing tax burden on the returns from investments. They are also called equity-linked tax saving funds or ELSS. These funds are ...

Tax rebate will be provided to those earning up to ₹12 lakh under the new tax regime. In the Union Budget 2025, Finance Minister Nirmala Sitharaman mentioned that the ‘nil income tax’ slab w ...

The exemption level is indexed for inflation, meaning these numbers have increased each year. The 40% top tax rate remains in place. This act expires on January 1, 2026 pushing the exemptions back ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...

The growth and size of its platform is also driving the increases in its advertising business. Ad impressions were up 6% year ...

“Data and Transparency. To increase LIHTC data transparency, a new section was added (Sec. 801, and 801 (a) in the Senate ...

But does the tax exemption of up to Rs 12 lakh income mean that a salaried person earning more will be taxed only on the remaining amount? No. The exemption limit exists only for those earning up ...

Effective February 6, 2025, Circular 86/2024/TT-BTC (“Circular 86”), will replace Circular 105/2020/TT-BTC (“Circular 105”), which previously governed tax registration procedures in Vietnam. The most ...