Canadian students have a lot of expenses to worry about. Thankfully, there are tax incentives that can help ease their ...

You will be required to deduct tax at source at 12.5% (plus applicable surcharge and cess) on the long-term capital gains ...

The government has announced waiver of late fees for filing GSTR-9C for FY 2017-18, FY 2018-19, FY 2019-20, FY 2020-21, FY ...

Credit for Caring Act 2024 in any tax legislation both Houses advance. This legislation would create a new, non-refundable federal tax credit of up to $5,000 for eligible working family caregivers to ...

Get temporary GST identification number, waiver of late fees for annual returns, and threshold limits for registration ...

The general feeling is that in the evolving dynamics of Indonesia’s economy, the government’s decision to maintain the effective Value Added Tax (VAT) rate at 11% through Finance Ministry Regulation ...

It is however considerable that, the amendment Rules have been effective from 1st January 2025, which shall imply that ...

What are the changes Trump could make? - At this time, the child tax credit hands families a $2,000 discount on their tax ...

There are two kinds of tax credits: Non-refundable tax credits: Lower your taxes payable, but do not result in a refund. Refundable tax credits: Lower your tax payable and can result in a tax ...

The current Advance Income Tax (AIT) rate of 5% on interest is increased to 10%. Direction mechanism is to be introduced to prevent interest income below the personal relief to be paid without being ...

U.S. President Donald Trump posted on TruthSocial that a woman who receives child support from a man can no longer claim the child on her taxes. We found no evidence of such a post on TruthSocial or X ...

Determine the percentage of net income that is included in your net world income Calculate your allowable amount of federal non-refundable tax credits You have included on your return 90% or more of ...