Income tax credits directly reduce a taxpayer's liability, potentially to zero ... For the taxpayer, their modified adjusted gross income for either the current or prior year must be a) $300,000 ...

Essentially, a waiver removes a real or potential liability for the other party in the agreement. For example, in a settlement between two parties, one party might, by means of a waiver ...

the government is still expecting the share of income tax in gross tax collections to increase in the financial year FY26. In contrast, the share of receipts from corporate tax in the gross tax ...

(Pixabay) I have never filed my ITR, as my tax liability has been nil ... which might apply to you is a situation where your gross total income before various deductions under chapter VIA exceeds ...

MANILA, Philippines — Is the Bureau of Internal Revenue (BIR) monitoring social media influencers and content creators for income declaration ... outlines the criminal liability of individuals ...

After days of confusion, anxiety, and speculation about whether critical HIV/AIDS programs might be included in the U.S. State Department’s “life-saving humanitarian assistance” waiver ...

All resident persons in Pakistan associated with the Champion Trophy 2025 as well as Pakistan Cricket Board will continue to pay their income tax liability on their income in connection with the ...

The nation’s top wealth holders — who the Internal Revenue Service (IRS) defines as those with gross assets of $11.4 million or more — have multiple sources of income, including stocks ...

If you’re a single filer and under 65, you probably have to file a tax return if your 2024 gross income was at least $14,600. That threshold jumps to $16,550 if you’re 65 or older. If you use ...

has submitted a formal request to the U.S. Treasury Department for a waiver of sanctions for 90 days, Serbia's energy ministry said on Tuesday. In a statement, the ministry said that the NIS ...

During a visit to the Central American country, Rubio announced a USAID waiver for Costa Rica, about two weeks after the White House placed a 90-day freeze on foreign aid funding worldwide.