A client has made a large trading loss on their sole trade and has other PAYE income and a large capital gain.
The 2024-25 income tax return filing deadline has been extended due to technical issues with claiming the Section 87A rebate.
Wouldn’t that be nice? That is how passive income works. With advancements in technology passive income opportunities are accessible than ever in 2025. Tools like AI automation, online ...
India may reduce income tax for individuals earning up to Rs 15 lakh annually in the upcoming budget to support the middle class and drive consumption. This potential change, under the 2020 tax ...
Union Budget 2025: India is planning to reduce income tax for people earning up to 1.5 million rupees a year. This could help the middle class and boost consumption in the slowing economy. The ...
If either of them ever started a company that went supernova, they would sign away 10% of their income to the other. "We shook hands, and at the moment it was a bit of a joke," Agarwal said.
One strategy for earning income with derivatives is selling (or "writing") options to collect premium amounts. Options often expire worthless, allowing the option seller to keep the entire premium ...
The cost of living crisis in the US has eased somewhat, but low-income Americans are still struggling ... such as an extension to the child tax credit and free school lunches.
Let’s delve into the complexities of Indian tax regulations to determine how this could impact the rising chess star. Under Section 10(17A) of the Income Tax Act, 1961, any payment, whether in ...
Britain could one day join Estonia and Guernsey in introducing a flat rate of tax on personal income. Kemi Badenoch, the Tory leader, said on Monday she found the fiscal concept “very attractive”.
As of Q3 FY2024 data, Realty Income's diverse portfolio includes over 15,400 properties, with clients from various sectors including retail, industrial, and fast-growing sectors such as data ...
The Income Tax Department has recovered Rs 37,000 crore over the past 20 months from individuals who failed to file returns despite significant spending. Officials used data analytics and ...