Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed ...

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

Technically there is no tax if taxable income up to 12 lakh (except special rate income), as you get rebate equivalent to tax ...

With the financial year ending soon, many rush to maximize tax-saving investments. Among the options, Tax-Saving Fixed ...

The alternative minimum tax (AMT) is a separate way to calculate taxes that makes sure high-income earners pay at least a ...

Brazil's government will propose a 10% tax on corporate profits and dividends sent abroad to help offset revenue lost from an ...

On your part, when you compute your advance tax liability, you need to factor in these as well. Taxpayers are required to pay 15 percent of their estimated advance tax liability by June 15 (Q1).

At a meeting facilitated by its counsel, Arnold & Porter, Binance offered to make a down payment in lieu of its tax liability ...

Tax Act, 1961, individuals whose estimated tax liability exceeds Rs 10,000 during the year are required to pay advance tax ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything ...

Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...