tax exemptions

Senior citizens planning to liquidate assets such as real estate, stocks, mutual funds, bonds, gold, or urban agricultural land for post-retirement income must be aware of capital gains tax implications. Capital gains tax…

Homeownership dreams come with financial benefits! Indian tax laws offer significant deductions for home loan borrowers.  Here's how to leverage them: Tax deductions on Home Loan interest  Reduce your taxable income by…

Let's delve into the contentious topic of Inheritance Tax, weighing its potential benefits against its drawbacks. What is an Inheritance Tax? The inheritance tax refers to the tax levied on the value of inheritance received…

Understanding income tax deductions is crucial for minimizing your tax burden in India.  This guide explores tax deductions for Assessment Year (AY) 2024-25 (Financial Year 2023-24) and helps you navigate the two available…

The Pakistan government had to impose additional taxes of 215 billion Pakistani Rupees (PKR) and slash expenditures by 85 billion PKR in order to strike an agreement with the International Monetary Fund (IMF), The News…