ISLAMABAD: A division bench of Appellate Tribunal Inland Revenue (ATIR) has held that under the tax treaties of Pakistan with United Arab Emirates and United Kingdom the rental income and capital ...

Under the Income Tax Act, 1961, the interest earned by an individual through an asset whose net worth has increased over a period of time is eligible for capital gain exemption after factoring the ...

The second choice is not to use indexation, and the capital gains will be taxed at a rate of 10% (plus surcharge and cess as applicable). To determine which option to choose, the taxpayer must ...

Why? Because such amendments are often technical clean-ups of the Income Tax Act and generally do not have broad-based application. In other words, most such amendments are not controversial. The ...

TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced the final annual capital gains distributions for the Vanguard ETFs listed below for the 2024 tax year.

The general tax rate on net profits is 30 per cent. For small businesses with annual turnovers under 100m/- that do not ...

Since it was not shown that the assessee was part of the group which was indulging in the manipulation of prices, the Ld.AR contended that the AO was not justified in assessing the long term capital ...

TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) — Vanguard Investments Canada Inc. today announced the final annual capital gains distributions for the Vanguard ETFs listed below for the 2024 tax year. This ...

TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced the final annual capital gains distributions for the Vanguard ETFs listed below for the 2024 tax year. This ...