Both FPIs and domestic investors continue to pay 12.5% LTCG tax on Indian equities. The exemption announced through the ...

Many investors believe that tax-free long-term capital gains also mean they can skip filing an income tax return. Experts say the ₹1.25 lakh exemption under Section 112A only determines tax liability, ...

The taxation of share buybacks in India has evolved through three distinct phases. Until 1 October 2024, companies paid Buyback Distribution Tax under Section 115QA of the Income Tax Act, 1961, while ...

Common questions about Tax Deductions under Section 37 of the Income Tax Act. What is Section 37 of the Income Tax Act? What are the conditions to claim deductions under Section 37?

Section 80CCH deduction remains available under both old and new tax regimes, while the SevaNidhi corpus received after four ...

SUBJECT: Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as Amended, on Domestic Petroleum Production, Refining, and Logistics Capacity On January 20, 2025, I ...

At least 88 of the largest corporations in America paid no federal corporate income taxes in their most recent fiscal year despite enjoying substantial pretax profits in the U.S. While the biggest U.S ...

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See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Senator Cory Booker has announced plans to introduce a bill that would ...

Sen. Cory Booker, D-N.J., facing a re-election campaign in 2026, announced a new tax-cut bill, the Keep Your Pay Act, that would eliminate federal income taxes on the first $75,000 of income for most ...

The Social Security Fairness Act signed at the beginning of 2025 is now unfair, at least when it comes to taxes, according to some representatives in Congress. Those income spikes last year likely ...

For years, no-income-tax states like Texas, Tennessee, and Florida have often led the pack in attracting and retaining residents looking to put down roots where they do not have to split ownership ...