On the Congressional front, the big news this week has had to do with the Republican effort to pass a budget bill in the ...

Bangladesh’s government recently enacted a long-awaited reform measure: dissolving the National Board of Revenue (NBR) and splitting it into two new agencies. The goal is to separate the tax ...

ICAI have brought ana mazing guidance note on Financial Statements of Non-Corporate Entities, this move will help in ...

As each financial year begins, salaried individuals across India face a common dilemma—Should I opt for the old tax regime or ...

How would one explain the lethargic and subdued role of a business community which was once dynamic and proactive in 1930s?

In a state where many scenic mountain towns come with eye-watering price tags, Cañon City stands apart as the rare Colorado unicorn – gorgeous, historic, and surprisingly affordable. Let’s take a ...

The state of Michigan does not tax Social Security benefits, and it offers partial exemptions for other retirement income, creating additional breathing room in retiree budgets that might otherwise be ...

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

Social Security benefits are a crucial source of income for many Americans, but they can also be subject to federal taxes.

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...