When more than 1 member of the house is contributing towards the rent, HRA related tax rebates can be claimed by all individuals as long as separate rent receipts are furnished. HRA in New Tax Regime Traditionally, salaried individuals could claim an exemption on a portion of their HRA, reduc...
1) This Excel utility prepares and calculates your income tax as per the New Section 115 BAC (New and Old Tax Regime) 2) This Excel Utility has an option where you can choose your option as New or Old Tax Regime 3) This Excel Utility has a unique Salary Structure for Government and ...
Pursuant to the recitals in the preamble to EMIR, since the submission of intra-group transactions to the clearing obligation may limit the efficiency of intragroup risk-management processes, an exemption of intra-group transactions from the clearing obligation may be beneficial, provided this exemptio...
with a tax refund cap of HK$3,000. Even for small and medium-sized enterprises with profits (net income after deducting costs and expenses) of less than HK$2 million, the tax cut of the upper limit of $3,000 can be said to be a ...
Revitalizing the Estate Tax: 5 Easy Pieces exemption amounts for the estate and gift taxes; (3) reduce the wealth transfer tax exemptions to $3.5 million, increase the maximum tax rate to 45 percent, and limit the generation-skipping transfer tax (GSST) exemption period to ... JR Repetti,...
Before July 2021ShanghaiTrade LLC can sell and ship consignments under €22 to EU consumers VAT free. Over that limit, then either the customer or ShanghaiTrade LLC has to pay import VAT at the rate of the country of import. To provide a good seller experience, ShanghaiTrade LLC...
but the government has proposed to introduce two enhancement measures for deduction of expenses under profits tax. Profits-tax payers will be granted tax deduction for expenses incurred in reinstating the condition of the leased premises to their original condition. Also, the time limit for claiming...