Income Tax Calculations: What will be your income tax on incomes of Rs 7 lakh, Rs 14 lakh, Rs 21 lakh, and Rs 28 lakh in old and new tax regime
The financial year 2024-25 is about to close. Taxpayers can file their income tax return as per the existing new tax regime ...
Understanding Return On Capital Employed (ROCE)
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. The formula for this ...
Return On Capital Employed (ROCE): What Is It?
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to ...
Tax expert's advice on little-known salary trend to help you buy a car: 'Three-way deal'
Where businesses want to offer an extra incentive to employees, or perhaps where they may not be in a position to offer a pay ...
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Ways to do your taxes
The Digital File My Return service is no longer available. To file your tax return, select one of the options listed below. There are several ways to do your taxes, including options that are free and ...
Section 382 Limitations For Tech Companies Dealing With R&D Capitalization Requirements
I’ve discussed the changes to IRC Section 174 at length in previous articles, warning about the TCJA’s change to research and experimental costs under 174, as well as the IRS finally providing some ...
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The higher rate income tax threshold isn’t being reduced to £37,701
The higher rate tax threshold is being reduced, meaning you will now pay 40% tax on earnings over £37,700. This isn’t the case. Income tax thresholds are not changing, except in Scotland which has ...
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Surprising tax hack: Earn ₹14.65 lakh and pay zero income tax in 2025-26
How can ₹14.65 lakh income be tax-free? Abhishek Soni, CEO and Co-founder of Tax2win, explains how salaried employees with a Cost to Company (CTC) of ₹14.65 Lakh can pay zero tax under the new ...
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Inside Formula One's big pre-season party, the vibes are immaculate
Inside London’s O2 Arena the lights pulse red like those atop a Formula One starting gantry ... a single car shown here in Bahrain [at the pre-season test]. It’s all for the fans,” adding ...
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Repayment of Old Age Security pension
Each February, we send you an income statement – your T4-OAS or NR4-OAS to help you file your income tax return. It shows how much Old Age Security you received the previous year. In accordance with ...
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ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return?
Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to pay tax for income up to Rs 12 lakh from FY 2025-26. The basic income ...