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

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

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 ...

1. Leave granted. 2. The appeal lies on a very narrow compass. The criminal proceedings have been initiated under Section 276CC of the Income Tax Act, 1961 (hereinafter referred to as ‘the IT Act, ...

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

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 ...

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 ...

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

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

U.S. President Donald Trump posted on TruthSocial that a woman who receives child support from a man can no longer claim the ...

My son lives in Las Vegas now, but he was born in Hawaii in 1972 and needs to get his birth certificate. How would he go about getting a copy ? Answer : He should be able to order a certified copy of ...

By making a section 217 election, you pay tax on your Canadian-source income at the same rate as Canadian residents and may receive a refund for all or part of the non-resident tax withheld.