ITR: To claim a tax deduction in FY25 for which you would file an income tax return (ITR) before July 31, the investment must ...
The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to ...
While PPF used to offer 12 per cent interest in April 1999, it started declining with the turn of the 21st Century and ...
AS we usher in 2025, let’s revisit some key aspects of the 2024 tax legislation that have significantly transformed the taxation landscape in the Philippines. We welcomed the year 2024 with the ...
(a) In Direct tax Code 2025, there will be a probability that higher rate of tax is 35% as against in income tax i.e. 30% but due to surcharge that effective rate became 42.744%. Surcharge may be ...
In January 2025, various changes are anticipated to impact investors, credit card users, and taxpayers. These range from the ...
As Budget 2025 draws near, discussions are heating up about the possibility of scrapping the Old Tax Regime in favor of a ...
Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.
Tax planning involves organizing financial matters to maximize tax advantages and reduce tax obligations. This process ...
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