With the government’s income-tax slab system (under the new regime) acting broadly as a benchmark, this is how slab-based penalties could work: Slab A: If the vehicle owner’s annual income is ...

the tax demand is not maintainable in law under both orders. Accordingly, the Company shall take appropriate steps including filing of Appeals," Hero Motocorp said in a regulatory filing. The first ...

Those who missed the self-assessment deadline last Friday are now facing a minimum fine of £100, as per the tax authority's rules. However, this penalty can be avoided if they have a valid reason ...

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FRANKFORT, Ky. (AP) — Kentucky lawmakers completed their work Tuesday to reduce the state’s individual income tax rate, delivering on a top Republican priority on just the fifth day of this ...

The legislation published for consultation Jan. 31 would grant government the authority to impose penalties for failure to comply with the corporate tax. The proposed bill amends the Corporate Income ...

The announcement of Nil tax for those with taxable income of up to Rs 12 lakh has brought cheer to all who fall in that category. However, many who are marginally above that ceiling will end up taking ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

President Donald Trump on Monday proposed abolishing income tax for American citizens, aiming to increase disposable income for families and individuals. In a bold move to reshape the U.S. tax ...