September 2021

Representative imageRTI filing tips for fiscal year 2020-21 (AY 2021-2022): The deadline for filing the income tax return for individual employees or traders has been further extended to December 31, 2021. After registering on the…

Business Diana Mahabir-Wyatt 10 hours ago In this file photo from January 30, 2021, Ramhit Narine, 77, calls on authorities for help repairing landslides to protect his home. Some senior!-->!-->!-->!-->!-->!-->!-->…

Abstract All over the world, low- and middle-income countries struggle with poor tax compliance and limited capacity to enforce compliance. This article reports the results of a randomly launched SMS campaign to promote compliance…

NEW DELHI: Ahead of next year's civic body polls, the South Delhi Municipal Corporation (SDMC), led by the BJP, decided to reduce the increased property tax rates for leased commercial establishments, commercial establishments, teaching,…

Changes in tax legislation on the horizon The odds seem increasingly likely that Congress will succeed, using the budget reconciliation process, in passing a tax bill between October 1 and the end of the year. Income and capital gains…

A two-year repeal of the Republican tax law's $ 10,000 cap on how much people deduct from state and local income taxes has emerged as the main proposal to restore at least part of a tax relief. property tax that has a big impact on New…

BALTIMORE - The deadline for the property tax credit for homeowners is this Friday October 1st. And although recipients must meet income thresholds, other tax credits are available for Marylanders and, more specifically, residents of the…

Iowa property taxpayers are increasingly frustrated and they are tired of the blame game that is played by…

All three positions raise the prospect of Sir Keir running in the May 2024 general election by proposing to raise the overall level of taxation in the UK. Mr Johnson's decision to break the Tory manifesto pledge not to increase national…

How To Calculate Tax For ITR On Multiple Properties | Photo credit: BCCL Some of us own multiple properties such as a house, office, store, or land. But in the eyes of…

Rs 300 crore in undisclosed income was found during raids on businesses. (Representative image)New Delhi: The Income Tax Department uncovered undisclosed income of more than Rs.300 crore after conducting search and seizure…

The Income Tax Department conducted separate search and seizure operations in Gujarat and Tamil Nadu earlier this week on suspicion of tax evasion, the Central Commission on Direct Taxes (CBDT) said on Saturday in a report. communicated.…

Real Estate Investment Trust (REIT) is a real estate investment without owning the property. Compared to direct real estate investment, here one can start investing with a small amount and buy or sell at any time…

Dated: Friday, September 24, 2021 Coupled with the increase projected in the forecast for the second quarter of this year, the outlook for the state's 4-year budget period is up nearly $ 6 billion since the end of the 2021 session in…

Controller Scott Stringer (Getty) Nothing is certain but death and taxes, and property taxes are no exception. For a year and a half, New York City homeowners complained that eviction bans would leave them hard pressed to pay their…

Sign up for The Brief, our daily newsletter that keeps readers up to date with the most essential Texas news. With renewed support from Gov. Greg Abbott, legislation to lower property tax rates is on a fast track…

Our governments rely on a two-legged stool for their income: a consumption tax based on the sale price and a levy on the value of our homes and business assets. The first is simple; the latter is a nightmare. Heads of!-->…

BBMP is ready to come after property tax defaults Highlights The collection of property!--component_10>…

If you want to move to a country to pay less income tax, you have a wider choice than the Middle East.The first zero-tax countries that come to mind are the Gulf States, particularly the United Arab Emirates, Kuwait, Qatar, and Saudi…

I make it a priority to stay in touch with the Iowans and listen to their thoughts and concerns. Whether it's at one of my 99 county meetings or at a game between Iowa State and my alma mater, northern Iowa, I meet Iowans wherever…

The San Francisco suburb of Marin County and Fairfield County in Connecticut are also in the top 20. Last year, the country's median property tax bill rose from $ 194 to $ 2,353. Although the increase reflects an increase in the value of…

CABELL COUNTY, West Virginia (WSAZ) - As the 2020 Cabell County overdue property tax payment deadline approaches, people used to paying with a card or check will need to adjust to starting next month.“I know it's…

Alternatively, if the difference is substantial, you can contact the bank and have the details corrected.By Chirag NangiaI bought an apartment in December 2020 using the capital gain accrued from my previous sale of a property. How can it…

COLUMBUS, Ohio (COLUMBUS BUSINESS FIRST) - Companies whose property tax bills were reduced under the Columbus Incentive Agreements have not collectively downsized, but have failed to meet new business creation goals. jobs due to…

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Often labeled as the “messiah” by his avid fans, actor Sonu Sood is garnering praise for his extraordinary philanthropic work on the one hand and under the radar of the income tax department on the…

While Sonu Sood has received praise for his philanthropic work, on the other hand, the actor has gone under the radar of the income tax department. Recently, the IT department carried out an investigation into the offices, property…

091821CT01.jpg - HARTFORD - Joe DeLong of the Connecticut Conference of Municipalities, shown here in July 2020, said “It's a lot to ask a municipality to give property tax relief… when…

MILWAUKEE (AP) - Lt. Gov. Mandela Barnes paid no income tax in 2018 and was on BadgerCare while unemployed and running for lieutenant governor. He did not file a federal or state tax return that year, according to the Milwaukee Journal…

KATMANDU, September 19: The government, which is criticized for its controversial decision to grant tax exemptions to certain companies, has taken another controversial decision to amend the Income Tax Act so as not to seek the source of…

New light fixtures are being installed in the Cannaday Recreation Area near Clark Middle School. The 4-acre park is being redeveloped into a sports training center. A budget of $ 500,000 will provide the neighborhood with an obstacle…

Actor Sonu Sood has been hailed as the Indian Messiah for his humanitarian work in the wake of COVID-19. The actor has now been turned into a "real" villain by netizens for evading a massive Rs 20 crore tax, according to the Income Tax…

Bombay: The Income Tax Department said actor and social activist Sonu Sood made a tax invasion of Rs. 20 crore. The 48-year-old actor's home and some sites linked to him had been raided for three days. "During a search of the…

Question: I am considering buying a house that my dad is willing to lend me for. I will reimburse it on the basis of EMI (Principal + Interest). Can I claim deductions for this home loan? What documents do I need to…

The Center on Friday relaxed the provisions of the Income Tax Act, 1961 regarding withholding tax (TDS) on the payment of interest by a regular bank to a member of a listed tribe (ST). The Union Ministry of Finance stated in its decree…

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Revenue is about to start contacting 1.4 million homeowners of 1.9 million homes to tell them it's time to pay local…

At a press conference in Tokyo on November 18, 2019, PayPal co-founder and chairman of Palantir Technologies, Peter Thiel de Billionaire. Kiyoshi Ota / Bloomberg via Getty Images Billionaire Peter Thiel and others with huge…

MILWAUKEE (AP) - Lt. Gov. Mandela Barnes paid no income tax in 2018 and was on BadgerCare while unemployed and running for lieutenant governor. The Milwaukee Journal Sentinel reported on Friday that it did not file a federal or…

The IPPR said a proportional property tax would more accurately reflect the variation in house prices across England than the municipal tax system. Photo: PAThe IPPR think tank described the housing tax, which has existed for 30 years, as…

Question: As you mentioned in your article, long-term capital gains (LTCG) resulting from the sale of any fixed asset other than a residential house can be claimed as exempt under the u / s section 54F if the proceeds of the sale…

Executives said that while there were 2,17,141 property tax assessments and 13,229 vacant property tax assessments in the city of Vijayawada, only 3,085 objections were received due to the Covid…

Third, for 14 years, GOP lawmakers stopped efforts to increase property tax assistance for low-income seniors and veterans. This year, they authorized a tiny increase in aid for some, but financed it by expelling 4,000 people from the…

After raiding Bollywood actor Sonu Sood's residence in Mumbai late last night, income tax officials arrived at the property this morning for the second round of research. There are reports that officials are investigating Sood's real…

China is likely to roll out its hotly-debated property tax to more cities before the end of this year, which analysts say will help close the wealth gap amid growing calls for "prosperity" common…

As elected officials leave Jefferson City and return to their families and jobs, The Missouri Times examines legislative priorities that could make headlines for next year's session. The Next Steps Series present some…

Income earned by a person from agricultural activities has long benefited from a preferential tax regime. In addition to many!--post-image-->…

Are retroactive tax increases constitutional or even fair? Until now, the capital gain tax rate was zero, 15% or 20% depending on your income. In some cases, you add the Obamacare tax of 3.8%, but at worst, your total tax bill is 23.8%.…

Maxwell Opoku-Afari, First Deputy Governor of the Bank of Ghana Ghana needs to devise more efficient ways to collect property taxes on residential and commercial properties in the country as part of the measures to increase income,…

Filing of the income tax return (ITR) is the process by which a taxpayer can report the total income earned during a fiscal year. The taxpayer can claim the refund of excess tax paid / deducted during the fiscal year by filing it for that…