Due to the end of the so-called traffic light coalition and the upcoming new elections in Germany, numerous draft tax bills will not be adopted ...

The Department for Work and Pensions ( DWP ) and HMRC welfare payments are uprated by the previous September's level of ...

Donations to political parties by individual and HUF donors in recent years have significantly surpassed those made by ...

The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 and ...

Three key provisions in the 2017 Tax Cuts and Jobs Act are set to expire in December. Planning now can help farmers prepare ...

Businesses can claim a wide range of deductions against their subscription-based income under Sections 30 to 38 of the Income ...

A cautionary tale illustrates how forging a deal with a Big Pharma can have unexpected and far-reaching tax consequences.

Retirement account withdrawals and earnings from a job may not be the only taxable income you have, either. The federal ...

Several redundant Chapters and Sections in the 1961 Act are omitted. The Tax Administration should endeavour to maintaining ...

The Canberra Liberals are claiming “thousands of honest Canberrans” could be in for a “nasty financial shock” in coming years ...

As the 2024-25 financial year ends, tax planning is key. Choose between old and new tax regimes based on income and ...

The basic income exemption limit has also been raised to ₹4 lakh. However, individuals earning less than ₹4 lakh or between ₹4 lakh and ₹12 lakh are still required to file their Income Tax Returns ...