When times are tough, it can be tempting to look at those retirement savings that have been piling up for years and think about how much easier life...
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Does this Budget leave you richer or poorer? The answer depends on your income level, which income tax regime you opt for, and how much and where you have invested.n For anybody with annual income of Rs 10 lakh or more, changes made by the FM in tax slabs under the new regime and the enhanced standard deduction mean a net gain of Rs 17,500 annually. Since a reduction in your tax also means health and education cess goes down, you save another Rs 700 (4% of Rs 17,500) to take the total savings to Rs 18,200.
When times are tough, it can be tempting to look at those retirement savings that have been piling up for years and think about how much easier life...
Taxpayers who filed their ITR for FY 2023-24, and paid more taxes than owed will receive refunds after processing by the Income Tax Department....
Nobody on the average wage should be paying the higher rate of income tax, he says.
Huntsville is preparing the 2025-2026 budget and has launched a survey to gather your input. According to officials, the survey will be open...
Medical expenses can destroy your budget even if you are a member of a medical aid as not all treatment and fees are covered.
Significant taxes were paid by top Indian cricketers for FY 2023-24. Virat Kohli is the highest taxpayer among sports persons, contributing Rs 66...
The statement was issued in a written response to recommendations from voters of Bình Định, Hà Giang, Thái Nguyên, Trà Vinh, Tuyên Quang and...
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A few Americans at the very top have extraordinary wealth but pay incredibly low rates of income tax. Why? Their hugely profitable businesses...
Questions about MCC ethos I appreciate Canadian Mennonite’s reporting on the open letter from terminated Mennonite Central Committee (MCC)...