School supplies would be exempt from sales tax under Minnesota Senate proposal
The legislation would exempt school supplies like notebooks, pencils, pens, backpacks, calculators and more from sales tax, ...
Tax Exemptions May Lead to Increased Investor Participation in Markets: Experts
The much-awaited tax relief for the Indian middle class, which exempts individuals earning up to INR 12 lakh, looks set to ...
Louisiana will honor tax exemptions for nonprofits, school sports after confusion
The Louisiana Department of Revenue said the state will continue to recognize sales tax exemptions on K-12 school sports ...
Legis: Nonprofit Tax Exemption
Kelsey Grammer recently revealed to the New York Post the reason why he had a 30-year falling out with “Cheers” co-star Ted ...
New Tax Regime: Should you opt for it over old tax regime? All about income tax slabs, exemptions and more
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
Unlimited tax exemption on ULIP returns for non residents if it is bought from this intermediary office: Budget 2025
Tax free maturity proceeds for all ULIPs, money-back and other insurance policies only if non-residents buys it from IFSC by ...
Tax Guru6h
Income Tax Exemptions for Corporates vs Individuals
The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...
Tax Guru7h
Tax Exemptions: Impact on Individuals and Corporates
Total Revenue Impact for FY 2023-24 is projected revenue impact. (ii) The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 Crores. In ...
What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...
CO2 Pipeline Tax Exemption
A Nigerian man has been extradited to the US to face charges in the “sextortion” of a South Carolina teen who died by suicide ...
bl Explainer. What is rebate under Section 87A? How does it differ from income tax deductions, exemptions?
Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.