In order to make the Income Tax Act 1961 more concise and simpler, the government is introducing a new income tax bill. Listen to Story The Income Tax Act 1961 has been in existence over the past six ...

The Union Cabinet on Friday cleared the new income-tax bill that is proposed to replace the existing six-decade old Income-tax Act, sources said. The new income-tax bill is now likely to be introduced ...

Definition: Tax Revenue forms part of the Receipt Budget, which in turn is a part of the Annual Financial Statement of the Union Budget. Description: It gives a detailed report on revenue collected ...

Definition: Net National Income is Gross National Income or Gross National Product less depreciation. Description: Gross National Product (GNP) is Gross Domestic Product (GDP) plus net factor income ...

He expressed dissatisfaction with the new tax slabs. Giving an example, Basu wrote that if Person A earns an annual income of Rs 12 lakhs, while Person B earns Rs 36 lakhs. If both individuals ...

One of the most widely cited sources of data on income inequality comes from tax records. Yet, as Gerald Auten and David Splinter point out in their paper, “Income Inequality in the United States: ...

What is the current share price of Coronado Global Resources Inc (CRN)? Coronado Global Resources Inc's (CRN) current share price is $0.64. This constitutes a price movement of 3.03% when compared to ...

Budget 2025 has brought significant simplification in the tax treatment of house properties, particularly for self-occupied properties. Earlier, if you owned more than one house, certain restrictions ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

The disability tax credit (DTC) is a non-refundable tax credit that helps people with disabilities, or their supporting family member, reduce the amount of income tax they may have to pay. If you have ...

The number of children who belong to a persistently low-income household in Norway has fallen. Pictured is a child using building blocks. Photo by La-Rel Easter on Unsplash The number of children ...

Once again we present the annual CRN MSP 500, the comprehensive list of managed service providers that are leading the way. As part of the CRN MSP 500 we asked top executives to describe the ...