Here’s what tax experts say Anup Rau, MD & CEO of Future Generali India Insurance Company, said there is a need to hike the deduction limit under Section 80D, which has remained unchanged since ...
India’s fiscal conditions will continue to constrain its credit strength in 2025, although tension in US-China relations could benefit the Indian economy, Moody’s Ratings said on Wednesday.
Budget expectations: The upcoming Union Budget for 2025, scheduled to be announced on February 1, is anticipated to bring forth reforms to bolster the expansion and reach of the insurance industry ...
Chelsea will likely avoid a points deduction following the Premier League’s investigation into historic financial irregularities under Roman Abramovich’s ownership, according to The Telegraph. The ...
the real estate sector remains hopeful for forward-looking reforms that can amplify growth and reinforce its role in India's economic progression. Increasing the tax deduction limit for housing ...
India has 29 states with at least 720 districts comprising of approximately 6 lakh villages, and over 8200 cities and towns. Indian postal department has allotted a unique postal code of pin code ...
The importance of the housing sector to India's ... can claim deductions of up to ₹2 lakh per year under Section 24(b) for interest paid on home loans. However, this limit has remained unchanged ...
Regardless of the extension, any tax liability must be paid by April 15. Q: What is the standard deduction for 2024? A: For married couples, it is $29,200 plus $1,550 for each spouse age 65 or over.
Bloomberg SALT Deduction Cap Talk, Hegseth Confirmation Hearing Posted: January 13, 2025 | Last updated: January 14, 2025 Bloomberg's Megan Scully discusses GOP Congress members meeting with ...
The state and local tax — or SALT — deduction allows taxpayers to deduct up to $10,000 of property taxes plus local and state income taxes or state and local sales taxes that they already paid.
If you want to calculate your RRSP deduction limit yourself, refer to chart 3 of Guide T4040, RRSPs and Other Registered Plans for Retirement. Who can contribute to an RRSP, PRPP, or SPP Generally, ...