Updated corporate tax rate for FY 2023-24 (AY 2024-25) Companies in India are subject to corporate tax - a direct tax levied on companies based on their net profit or income of a company which is the excess income after all deductions, expenses, and depreciation. The applicable tax rates...
“The decision to opt in (for new regime) for individuals having business/profession income for FY 2022-23 (AY 2023-24) has to be made by furnishing Form 10-IE on or before the due date for filing original return of income under section 139(1). Once ...
Malaysia: Transfer pricing guidelines and audit framework for 2024 Guidelines are effective from year of assessment 2023, and framework is effective from December 24, 2024. January 22, 2025 News Spain: Filings for special taxes due in early 2025 Certain communications and procedures for special...
4. What is the time limit for revising a return? Individuals can file a revised return before the 31st of December of the relevant assessment year or before the completion of the assessment, whichever is earlier. For the current assessment year 2023-2024, the last date is 31st December, 202...
Turkey: Increased VAT refund limit for 2025 Effective January 1, 2025 March 5, 2025 News Germany: Taxpayer not entitled to apply margin-scheme taxation; other VAT developments Recent VAT developments in Germany March 3, 2025 News Greece: Streamlined process for reporting withheld taxes and dig...
Here we are going to describe the free income tax e-filing software procedure for FY 2024-25. If you are looking for a demo of IT return software for online registration and tax refund, SAG Infotech provides a free trial of Gen Income Tax software for ITR filing. The trial version also...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years.
Someone who has become a “covered expatriate” might want to know – whether the IRS audit of expatriate tax returns is high or low? What if I do not even have a social security number (e.g., as a U.S. citizen born outside the U.S.) from my date of birth, and I have lived...
TDS exemption limit for senior citizens on interest income raised to ₹1 lakh! Published on:01-Apr-2025 TDS Update Section 206AB removed: Businesses can deduct TDS without checking payee's ITR status! Published on:01-Apr-2025 TDS Update ...
Someone who has become a “covered expatriate” might want to know – whether the IRS audit of expatriate tax returns is high or low? What if I do not even have a social security number (e.g., as a U.S. citizen born outside the U.S.) from my date of birth, and I have lived...