Dividend income can be a great way to earn passive returns, but taxes can eat into those gains. By understanding how ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Section 194 of the Act requires that the principal officer of an Indian company or a company which has made the prescribed ...

The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...

(1) - Qualified Dividends shows the portion of the amount in Box 1a that may be eligible for capital gains tax rates (2 ... for the 20% qualified business income deduction under Section 199A ...

At present, companies distributing dividends are required to deduct Tax Deducted at Source (TDS) at a rate of 10% on ...

Distributions for TWO The federal income tax classification of ... Box 1a that may be eligible for capital gains tax rates (2) - Section 199A Dividends shows the portion of the amount in Box ...

On February 1, 2025, the Union finance minister submitted her submissions on revised Procedures, amendment of Sections, Tax proposals (both Direct and Indirect), etc. There was also the announcement ...