Corporate effective tax rate stabilises at higher levels, larger companies in better shape
Companies with above Rs 500 crore PBT have seen their effective tax rate decline in 2022-23 compared to those in the Rs ...
SC’s highest income tax rate is higher than neighboring states. Could a cut make the budget?
According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.
Tax Guru3 天
Corporate Tax Trends and Revenue Foregone (2019-2025)
Will the Minister of FINANCE be pleased to state: (a) the total corporate tax collection as a percentage of GDP in the last five years, year-wise; (b) the instances of corporate tax reduction / ...
MoneySense5 天
When does the capital gains tax inclusion rate increase take effect?
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
Tax Guru6 天
Income Tax Rates for AY 2025-26 and 2026-27
The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...
cnbctv186 天
Budget 2025: EY analyses the five key themes of India's indirect tax proposals
The FM has retained the effective tax rate of most products to the pre-budget rates by balancing through the AIDCess, notes ...
No income tax up to Rs 12 lakh: What it means if you earn more
In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...
Budget 2025: Will income tax slab change impact your take-home salary? 5 things employees ...
Employees earning up to Rs 13 lakh can now save income tax over and above the Rs 12 lakh income limit as there is a standard ...
MoneySense5 天
What Canada’s deferred capital gains tax change means for your taxes
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...