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About 1167 results for "personal income tax"

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Non-filers of income tax returns: Budget to stipulate higher r...

March 25, 2015 A key feature of the Budget (2015-16) would be the continuation of the policy for imposing higher rates of withholding taxes on non-filers of income tax returns to penalise persons operating in undocumented regime. Sources told ... Business Recorder, 6 days ago
Hotel industry urges FBR to abolish advance tax Business Recorder, 6 days ago

Latest Tax Free Incomes

Business Trust Income As per section 10 (23FCA) any income of the Business Trust, being a real estate investment trust by way of income from renting or leasing or letting out of any real estate asset ...
 Businessworld India1 week ago Austria Announces Substantial Income Tax Reforms »  Tax-News.com1 week ago Austria announces slash in personal income tax worth €5 billion  Demotix.com1 week ago MONEY: Income disability tax changes 101  Finweek1 week ago
Barbados Daily Nation

Not Yet Filed Your Income-Tax Returns? Read This!

Posted by Equitymaster Paying taxes and filing returns are something that all of us have to comply with. It is not only our legal responsibility but should also be viewed as a moral responsibility. By paying taxes on time, you contribute to the development of ...
 Equitymaster.com4 days ago Taxpayers can now file 2014 income tax returns  Barbados Daily Nation5 days ago Where Do Workers Pay the Highest Income Tax?  Epoch Times5 days ago Va State Senate Candidate Vince Haley Proposes Elimination of State Income Tax  Free-i-News5 days ago

Income tax: Gold seller to collect tax @ 1% on cash transaction above Rs 5 lakh

If I buy gold jewellery for R6 lakh for personal use, will I need to pay tax at the time of purchase? — Vipin Sood A seller is required to collect tax @ 1% from a buyer of bullion and jewellery if the sale consideration exceeds R5 lakh and the ...
 Financial Express2 weeks ago
Business Standard

No more income tax on interest paid to 95% of savers! Chancellor heralds revolution by scraping rate paid on regular high street accounts

Basic rate taxpayer can earn £1,000 in savings interest without paying tax Current rates requires more than £70,000 to go over the new allowance Chancellor has handed 20% boost to rates earned by most savers in UK The Palmers from Nottinghamshire ...
 Capital Bay1 week ago Egypt Reduces Top Income Tax Rate »  Tax-News.com1 week ago Your personal income tax rate won't go down soon  Business Standard3 weeks ago No Change in Personal Income Tax Rates in Near Term: Finmin  Outlook3 weeks ago
Times of India

Tax deduction limit raised to Rs 4.44 lakh

With fresh incentives for individuals announced in the Union Budget on Saturday, the overall deduction limit under personal income tax has gone up to Rs 4,44,200 a year. In the Budget for 2015-16, finance minister Arun Jaitley has proposed raising the tax ...
 Asian Age1 month ago Budget raises tax deduction limit to Rs 4.44 lakh  Business Standard1 month ago Union Budget 2015: Health insurance deductions hike to cut annual tax by Rs 16,995 in top-tax bracket  Economic Times1 month ago Union Budget 2015 raises tax deduction limit to Rs 4.44 lakh for I-T payer  Times of India1 month ago

Budget 2015: How over Rs 10 lakh a year can be tax free

If one adds up all these deductions, exemptions and tax-free reimbursements, an income of more than Rs 10 lakh a year can escape the tax net. Even middle class pays more tax now Tax as a percentage of income has steadily risen in the past five years for ...
 Economic Times3 weeks ago Personal Income Tax exemption may go up to Rs 5 lakh  Sahil Online1 month ago Raise personal income tax exemption to Rs 3 lakh: ASSOCHAM Survey  India Infoline1 month ago Direct tax collections up 11% till January 2015  DNA1 month ago

Budget 2015: Personal tax-free allowance increases

As expected, Chancellor George Osborne announced increases in the personal tax-free allowance in today's Budget, including the first above-inflation increase of the higher rate threshold for seven years and a long-term commitment to raising the ...
 Accountancy Live1 week ago Income tax personal allowance increase mooted for ...  Tax Assist Accountants2 weeks ago Budget 2015: Your guide to personal tax  Economic Times4 weeks ago


No change in personal income tax Wealth tax abolished, additional 2% surcharge on those earning over Rs 1 crore Schemes to earn from gold deposits Health insurance premium deduction raised from Rs 15,000 to Rs 25,000 (Rs 20,000 to Rs 30,000 for seniors) ...
 The Telegraph1 month ago Wealth tax to be abolished; surcharge of 2% if taxable income above Rs. 1 crore  India Infoline1 month ago
Business Standard

Washington attracts Indian startups to set shop

The US officials highlighted that Washington State does not have a personal or corporate income tax or taxes on capital gains Anita Babu & Itika Sharma Punit | Bengaluru February 17, 2015 Last Updated at 20:22 IST Related News Washington attracts Indian ...
 Business Standard1 month ago
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