and exemptions on salary is put more clearly. So if you have trouble filing taxes, the new Form 16 can make things easier. Form 16 is a document issued by companies to their employees. This tax ...

The Internal Revenue Service is making plans to rescind the tax-exempt status of Harvard University, according to two sources ...

“However, they must report it as ‘exempt income’ in their income tax return (ITR) form." If the interest earned exceeds ₹3,500 for an individual account or ₹7,000 for a joint ...

One notable change in Form 16 is the inclusion of any government deposits in the "Agniveer Corpus Fund" as part of an Agniveer's salary under the Agneepath scheme. However, tax exemption on this ...

Tax rules may evolve and change, so when crafting your personal ... an application with the IRS to obtain tax-exempt status. The most common form is Form 1023 for 501(c)(3) organizations.

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...

Trump threatened Harvard’s tax exemption after the university refused to go along with the administration’s demands for the Ivy League school to change policies such as its hiring and ...

WASHINGTON—Trump administration officials are exploring ways of challenging the tax-exempt status of nonprofits, according to ...

(CNN) — The Internal Revenue Service is making plans to rescind the tax ... to change its hiring and other practices. A final decision on rescinding the university’s tax exemption is expected ...

The income tax return form, by default, applies to the new regime. It inquires from the taxpayers whether they wish to come out under Section 115 BAC. Selecting 'Yes' transfers them to the old tax ...

WASHINGTON, April 21 (Reuters) - U.S. non-profit organizations that focus on climate change are getting ready to fight a possible move by the Trump administration to revoke their tax exemptions as ...

If you received tax-exempt interest, you should get a Form 1099-INT or a Form 1099-OID. You can find your tax-exempt stated interest in box 8 of Form 1099-INT. For a tax-exempt Original Issue ...