This is with further reference to your reply to the query raised by Mr. GSR Murthy in the column ‘Tax Query’ in BL dated January 3. It was stated that …
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If you are a taxpayer, you sure would have a tale to tell about your tryst with the tax department. While there are some mechanisms to help taxpayers resolve their …
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LONDON — Silicon Valley tech firms look increasingly likely to face new global tax laws this year, as the change in the White House fuels optimism among European officials that …
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Paul Weaver/SOPA Images/LightRocket via Getty Images Investors gawking at hefty returns from GameStop stock may be in for a surprise: a big tax bill. GameStop stock has swelled more than …
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Will restructure GST, bring ‘one tax, minimum tax’ if voted to power, says Rahul Gandhi – India News , Firstpost
The Congress leader, who began his campaign for the Tamil Nadu assembly polls, also said there was the need to promote MSMEs, to compete with countries like China and Bangladesh …
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How Biden’s student loan forgiveness could throw you a big tax bomb Even if your student loan debt is on an extended pause as part of COVID aid, you’re probably …
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A bevy of federal income tax breaks were set to expire at the end of 2020, but the latest pandemic stimulus bill gave some of them new life. The 5,593-page …
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Netflix paid a record amount of tax in the UK in 2019 after it has come under increasing pressure to increase its returns to HM Revenue & Customs as it …
- Business
My husband is a felon and his work plummeted. He did not file a 2019 tax return. Will we get $1,400 stimulus checks under President Biden?
I am writing because I have been reading so many different questions, answers and as much general information I can find, but I just want one simple answer — and …
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The death of a spouse is one of the most difficult things in life to go through, but it’s also a time when you should pay close attention to finances …
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Companies can financially reward their investors by paying shareholders dividends. Certain dividend income may receive special tax treatment under the current tax code. This could potentially allow you to pay …
- Finance
Cuomo proposal would raise top tax rate for New York City to 14.7%, highest combined rate in nation
Lev Radin/Pacific Press/LightRocket via Getty Images The state would raise the top tax rate to 10.86%, up from 8.82%, Cuomo said. That would yield a top rate of 14.7% for …
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Treasury nominee Yellen says U.S. can afford higher corporate tax rate if it coordinates with other countries
Treasury secretary nominee Janet Yellen speaks after US President-elect Joe Biden announced his economic team at The Queen Theater in Wilmington, Delaware, on December 1, 2020. Chandan Khanna | AFP …
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TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. …
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The Internal Revenue Service taxes different kinds of income at different rates. Some types of capital gains, such as profits from the sale of a stock that you have held …
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This little-known tax break is worth up to $2,000 for retirement savers Saving for retirement is hard — especially when you’ve got so many bills to pay today. You’re probably …
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There’s a fine line between looking to save money on your taxes and taking deductions that will raise eyebrows at the IRS. Some taxpayers are tripped up by expenses that …
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President-elect Joe Biden’s $1.9 trillion “rescue plan” released on Thursday calls for three key tax improvements for 2021 that would help Americans across the income spectrum. The changes would apply …
- Business
This tax season will be ‘one of the nation’s most important’ ever, the IRS says. Here are the key dates to know.
At a time when millions of people are strapped for money and counting on their income tax refund or a stimulus check, they’ll have to wait a little longer before …
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During the election campaign, President-elect Joe Biden proposed a tax plan that departs significantly from the policies and major tax reductions enacted during the Trump presidency. The Biden plan would increase …
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After the Centre reduced the basic import duty on crude palm oil (CPO) from 37.5 per cent to 27.5 per cent last month, the Malaysian government announced that it will …
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The Commodity Participants Association of India (CPAI) has pushed for Commodity Transaction Tax (CTT) to be at 0.005 per cent from 0.01 per cent to boost volumes and treat it …
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Last week, the Centre announced a new Taxpayer Charter that lists out an income taxpayer’s rights and obligations. Other countries like UK and Australia also have similar taxpayer charters that …
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The Covid-19 pandemic has triggered radical changes for all, especially for the employee workforce. The combination of the pandemic fallout and the advances made in technology has led to a …
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There are certain new tax collection at source (TCS) rules that came into force from October 1, 2020 under the Income Tax Act 1961. While many of these provisions relate …
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On November 12, the Finance Minister announced some income-tax relief for home developers and buyers. The differential between the circle rate and the agreement value – to sidestep tax under …