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Income Tax Newsletter
  • When income tax rate touched 97.5% in India 26 Apr 2024 08:11 GMT

    … tax regime, and personal income tax rates were extraordinarily high during … -80. While the maximum income tax rate (including the surcharge) … "the increase in income tax rates to confiscatory levels … times of widening the tax net, not overtaxing the small …

  • Experts Stress Need for Documentation of Economy to Enhance Tax Net 25 Apr 2024 19:26 GMT

    … regime intended to enhance tax net and regulate the untaxed … is not brought under tax-net. Resource mobilization is the … therefore, mostly we have indirect income tax as mainstay. However, targeted … inability to broaden its tax net. Syed Mehmood Hussain Jafari …

  • Auburn National Bancorporation, Inc. Reports First Quarter Net Earnings 24 Apr 2024 12:00 GMT

    … . (Nasdaq: AUBN) reported net earnings of $1.4 million, or … 2024. The provision for income taxes was a credit of … 5,604   Income tax expense   164       (1,514 )   267   Net earnings $ 1,371 …                 Basic and diluted net earnings $ 0.39       (1.14 …

  • IRS has new guidance for retirement accounts and farmers 29 Apr 2024 07:55 GMT

    … must start withdrawing and paying income tax on a small amount of … successor. Otherwise, you keep paying income tax on high farm income plus … to invest 25% of their net earnings, up to $69,000 in …

  • TotalEnergies Increases Profit to $5.7B despite Lower Gas Prices 29 Apr 2024 08:13 GMT

    … sales volumes and prices. Adjusted net earnings, or net income excluding nonrecurring … percent sequentially. Adjusted earnings before income tax, depreciation and amortization totaled $11 …

  • Reality check: Government to reduce budget by Sh350bn 29 Apr 2024 03:40 GMT

    … billion owing to the contracting tax net flows as the Treasury prepares … period under review. For instance, income tax missed its projections by Sh35 …

  • Remove disparity in tax collections 28 Apr 2024 23:01 GMT

    … to a surge in personal income tax as its share in the … per cent. Interestingly, net personal income tax collections (including securities transaction tax … the will to extend the tax net to a whole lot of …

  • Capital gain tax exemption for individual investors likely to go 27 Apr 2024 23:27 GMT

    … 30 June 2015. In the Income Tax Law 2023, the National Board … withdraw tax exemptions to widen tax net is also criticised at the …

  • Arthur J. Gallagher & Co. Announces First Quarter 2024 Financial Results 27 Apr 2024 09:47 GMT

    … First Quarter Revenues Before Diluted Net Earnings  Reimbursements Net Earnings (Loss) EBITDAC (Loss) … .53 0.41 Effective income tax rate impact - - … to the provision for income taxes of $51.6 million … to the provision for income taxes of $2.4 million …

  • Centene Corporation Reports First Quarter 2024 Results 26 Apr 2024 11:34 GMT

    net earnings divided by adjusted earnings (loss) before income tax expense. Adjusted Net Earnings (non-GAAP) = Net earnings …   61 Impairment 13   20 Deferred income taxes 104   (159) (Gain) loss on … paid $ 155   $ 144 Income taxes paid $ 13   $ 11 …

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