Massachusetts released its withholding methods for 2025, which incorporates the 4% surtax on high earners, effective from 2023, the state revenue department announced on Jan. 13.

Distributions by Real Estate Investment Trusts (REITs) are subject to income tax for South African tax residents and for non-residents it is subject to 20% SA withholding tax. Interest accruing from a ...

Industry leaders are sharing their key expectations from Finance Minister Nirmala Sitharaman ahead of the announcement of ...

The Maine sports betting market has brought nearly $4.9 million in tax revenue since legalization. Discover its economic ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...