American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

Most companies in Jersey pay no corporation ... Politicians unanimously agreed in October 2024 to align the island with a new global tax regime called Pillar Two. The decision means firms with ...

In a note to the Finance Minister, the industry body highlighted that corporate tax rates have decreased over the years, ...

Salaried employees opting for the old tax regime for FY 2024-25 must submit investment proofs to claim exemptions and ...

The so-called 'trapped profits bill' that took effect on Jan. 1 aims to curb tax avoidance amid expensive war, but some worry it'll be hard to implement and discourage investment The post Experts fear ...

The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and ...

Under the new regulations, withholding tax is not applicable to payments to small companies with an annual ... with the old withholding tax regime was the failure to address emerging economic ...

In both tax systems, Section 112A provides a tax exemption for Long Term Capital Gains (LTCG) of up to Rs 1.25 lakh on ...

Budget 2024's revamped tax regime offers simplified slabs, higher deductions, and savings up to Rs 17,500 annually, enhancing flexibility and easing tax compliance for taxpayers.

An exemption of ₹1.25 lakh for long-term capital gains (LTCG) under Section 112A is available in both the old and new tax ...

For those following the old tax regime, several investments and expenses qualify for tax deductions under Section 80C of ...