Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Mumbai: The economic survey has attributed the depreciation of the rupee to external factors, noting the strong macroeconomic fundamentals with respect to the current account balance and foreign ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

The rate cut comes as the government is set to slow down the currency’s official monthly depreciation rate to 1% from 2% on Feb. 1. The controversial policy change to what’s known locally as ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Whether you are a small business or a large enterprise, this online tool makes it super simple to calculate your GST liability and input tax credit in just a few clicks. Let us see how a GST ...

This will likely be the case again in 2025, but watch for one issue in particular: bonus depreciation schedules that hide the true cost of the tax breaks. At a basic level, businesses pay taxes on ...

Donald Trump has threatened to double taxes on foreign nationals and companies in a row over “discriminatory” levies on US businesses. The president has instructed the secretary of the ...

Donald Trump says a recently agreed global minimum corporation tax scheme unfairly gave the OECD power over US policy - Saul Loeb/AFP ...

To calculate your tax payable, complete Form T2203, Provincial and Territorial Taxes for Multiple Jurisdictions. To calculate your tax for Québec, you must file a Revenu Québec Income Tax Return.

She holds a master’s degree from Arizona State University. Maskot / GETTY IMAGES Moving to a state with lower taxes might seem like a great way to save money, especially on income taxes.

With current reserves significantly higher than during the 2013 taper tantrum, there is ample scope for managed rupee depreciation without major financial stress. While the rupee has depreciated at a ...