Whether one should take old or new tax slabs epends on the deductions one plans to take. Deductions like 1.5 lakh under 80C, Standard deduction of Rs 50,000(available from FY 2023-24 in revised new Tax Regime) and LTA and HRA for salaried, Home Loan Interest. Income Tax slabs in old...
December 2023. Norway Minimum Tax Bill The government presented a new bill aimed to establish a minimum 15% corporate tax rate from January 1, 2024. December 2023. UK Luxembourg Tax Agreement The 2022 double tax agreement, DTA, between the UK and Luxembourg entered into force on November 22,...
Our free Newsalerts are designed to keep you up to date on landmark ECJ judgments and opinions, as well as EU and national developments in Europe in the field of direct taxation and state aid.
From FY 2023-24, Income tax department has made new tax regime as the default tax regime for Individual, HUF and ... Statutory Compliance Calendar for October 2024 | Income tax, GST and various other laws by ADMIN October 4, 2024 0 Below mentioned are some important due dates under In...
Draft Government Decision on the norms for the application of Law nr. 88/2023 has been published for public debate. The law introduced new VAT exemptions with the right to deduct in the medical sector, with applicability from 12 June 2023. However, it was established that these VAT exemptions...
While there are currently no specific details on the new laws themselves, the Federal Government has publicly announced in the Budget that: the amendments are intended to apply to CGT events occurring on or after 1 July 2025; amendments to the existing regime will clarify and broaden the types...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years.
I’m also amused that a bad thing (massive handouts from Washington) backfired on the left (because many states decided to cut taxes rather than squander the money on new spending). Chileans vote against a statist constitution –There was horrible news in 2021 when Chileans voted a hard-...
25/03/24 New cash grants and tax credits: An update on Malta Enterprise and Transport Malta schemes Malta Enterprise re-launched the MicroInvest scheme for eligible businesses with up to 50 full-time employees and turnover under €10 million in 2023. It offers tax credits up to €50,000...
‘BEPS Project’, the current status of systems and operations in other countries, and the relationship with the Japanese tax law regime based on the principle of “no taxation without legislation”, etc., we will examine whether to introduce MDR in Japan.” The following year, the 2018 Tax...