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

The Withholding Tax (WHT) Regulations, 2024, is poised to significantly ease the tax burden on small businesses while ...

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

Ahmedabad: The opposition Congress on Thursday called India’s GST the world’s “worst” such regime, accusing the government of ...

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

The choice of old or new tax regime might vary as per total income and deductions/ exemptions available with the taxpayer,” explains CA Pratibha Goyal, partner, PD Gupta & Company, a Delhi-based ...

People who earn above a specific amount must pay tax on their income and it is called income tax. The government sets the tax ...

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 ...

While the government is incentivising the new tax regime, the fact remains that the ... by employers can help even those with a cost-to-company (CTC) of, say, Rs 20 lakh reduce their tax outgo ...

The new regime may provide lower tax rates for different income levels ... to designated pension plans provided by life insurance companies. Section 80CCD (1): Taxpayers can avail tax deductions ...

Learn how Singapore's 15% tax rate under BEPS 2.0 impacts multinationals, the revamped tax incentives available, and why ...