Tax planning is an activity that enables you to reduce your tax liability. It is one of the most basic yet integral parts of the financial plan, and it helps you save your capital. Several options enable taxpayers to reduce their tax liabilities, especially those that fall under Section 80C of the Income Tax Act […]

Like Ben Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” Whether you like them or not, paying and filing taxes is a requirement for living in the good ol’ U.S.A. Not an enjoyable experience by any stretch, but one that could be even less enjoyable if a

Nearly one million people in the UK missed the deadline for filing their tax return, but this was an improvement on the previous year. A total of 11.1 million did hit the deadline of the end of Friday to complete their self-assessment tax forms. Mostly those with more than one source of income and the

Global tax reform has taken a small step forward—but only by delaying tough conversations. Another wave of political brinkmanship over the thorny question of how Silicon Valley’s technology giants are taxed is all too possible. On Friday, the Organization for Economic Cooperation and Development announced a deal to move ahead with a single framework for

The South African Revenue Service (Sars) wants to harness the latest in artificial intelligence technology, self-learning computers and Big Data as it struggles to meet revenue-collection targets. In a statement, the tax authority said its work will increasingly be informed by “data-driven insights, self-learning computers, AI, and interconnectivity of people and devices”. “We cannot ignore the

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