If you have freelance or self-employment income or need to itemize your deductions, you'll probably have to file a complex return. Most tax software companies require filers to pay for a complex ...

Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing ...

it also provides significant tax advantages under the Income Tax Act, 1961. 1) Employee’s contribution (Deduction under Section 80C) Employees contribute 12% of their basic salary and dearness ...

India’s Finance Minister, Nirmala Sitharaman, has introduced several reforms and updates to the existing tax system through the Union Budget 2024. Among the key changes are the new Tax Deducted at ...

Warangal: Greater Warangal Municipal Corporation (GWMC) officials seized Jaya Nursing College in Hanamkonda for defaulting on property tax payment worth Rs 44 lakh due for the past three years. Deputy ...

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways.

This is good news for holidaymakers who like to visit the tourist municipality. Indeed, a visitor to Puerto De Mogán, a fishing village in Mogán, called the place "a little gem". A second holidaymaker ...

Mumbai has upheld the order of the Commissioner of Income Tax (Appeals) [CIT(A)] in the case of ACIT vs. Jamnagar Utilities and Power Pvt. Ltd., allowing deduction under Section 80G for Corporate ...

What is Section 80D tax deduction? If you purchased a health insurance policy or paid the renewal premium in FY 2024-25 (AY 2025-26) then you can claim tax deduction under Section 80D. You need to ...

Doing taxes isn’t exactly easy, and “tax deduction” brings to mind piles of receipts and complicated calculations, just to save a few bucks. Here’s the good news: You don’t need to ...

As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say. Enacted via the Tax Cuts and Jobs Act ...

Tax Day for the 2024-2025 tax year is Tuesday, April 15, 2025. The IRS has approved some unusual deductions, including medical expenses for clarinet lessons and a swimming pool. Those who miss the ...