Non-disclosure of income from VDAs under the regime introduced in the Finance Act, 2022 could expose the taxpayer to search ...

What could that cost an individual? According to an accountant consulted by MarketWatch, it would be a lot. To use round numbers, if you had $100,000 in adjusted gross income for ...

The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...

Finance Bill 2025 introduces new provisions under Section 285BAA of the Income-tax Act, mandating the furnishing of information about crypto-asset transactions. The bill requires reporting entities to ...

In Budget 2025, reporting entities such as banks and crypto exchanges are now required to regularly report information on ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

What is meant by Capital Expenditure? Learn about Capital Expenditure in detail, including its explanation, and significance in Budget on The Economic Times.

statement, or answer filed or made for a tax year. The CRA may apply the gross negligence penalty as part of the review of an SR&ED claim that the claimant filed with: An initial income tax return ...

Her expertise is in personal finance and investing, and real estate. FreshSplash / Getty Images Ordinary income is income earned by an entity or an individual that is taxable at marginal tax rates.

(Britain's Prince Harry, Duke of Sussex leaves the Royal Courts of Justice, Britain's High Court, in central London on June 7, 2023 (AFP via Getty Images) In a statement read outside court on ...

The Prime Minister, Justin Trudeau, today issued the following statement on the inauguration of Donald J. Trump as President of the United States of America: “On behalf of the Government of Canada, I ...

The company's income statement breaks down its revenue, expenses, and earnings per share. Its P/E ratio is above average, which means people are willing to spend a high amount for each dollar of ...