In terms of South African legislation, those who inherit from a deceased estate are not liable to pay tax on the inheritance.

Financial struggles continued in Q2 2025, with a majority of counties in the U.S. deemed unaffordable for the typical ...

WASHINGTON (AP) — A Republican plan to expand private school vouchers nationwide was dealt a major setback Friday when the ...

The final rule covers a wide range of topics. This article discusses the final rule’s changes to impose new income and ...

To pay zero tax on Rs 15.5 lakh income under the new regime, you need to reduce your taxable income to Rs 12,00,000 (Rs 12.75 lakh with standard deduction). Let's take an example where an employee's ...

The Income Tax Return (ITR) filing for the financial year 2024-25 (assessment year 2025-26) has now gained momentum. As of June 18, nearly 35 lakh ITRs have been filed and over 32 lakh returns ...

Spending Habits Under the Permanent Income Hypothesis If a worker is aware that they are likely to receive an income bonus at the end of a particular pay period, it is plausible that the worker ...

A deal struck in a secret ballot at the party’s administrative committee will allow John Pesutto to cover Moira Deeming’s legal costs and avoid bankruptcy. The move means he can repay ...

A deal struck in a secret ballot at the party’s administrative committee will allow John Pesutto to cover Moira Deeming’s legal costs and avoid bankruptcy. The move means he can repay ...

MILBANK, S.D. (Dakota News Now) - A woman charged in a shooting at a Milbank nursing home has been deemed mentally incompetent to stand trial. PREVIOUS STORIES: Woman faces attempted murder, ...

The Victorian Liberal Party will avoid what was a likely by-election in former leader John Pesutto's seat by helping to settle his debt to Moira Deeming, but party infighting could continue.

However, if one spouse claims REPS, you can deduct $150,000 from your $250,0000 income, meaning you'll only be taxed on $100,000, which can result in a significant difference in tax liability.