Q - Should a resident Indian having rental income from the US, take the benefit of depreciation and other reliefs allowed in the US and offer for tax on house property income on a net basis in India?

If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business with apartment buildings and multiple units or if you simply rent out a ...

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 ...

India may reduce income tax for individuals earning up to Rs 15 lakh annually in the upcoming budget to support the middle class and drive consumption. This potential change, under the 2020 tax ...

Dubai's new smart rental index is expected to bring fair pricing for new and old buildings, reflect more precise rents of the building rather than the broader area and could prevent arbitrary rent ...

The cost of living crisis in the US has eased somewhat, but low-income Americans are still struggling after years of high inflation and elevated interest rates. Their situation could worsen if ...

Federal taxable income generally includes wages, tips, royalties, commissions, and for some, up to 85% of Social Security benefits. And that's not an exhaustive list. However, several categories ...

Investing in REITs, ETFs, and mutual funds provides a low-cost, passive way to generate dividend income backed by real estate. Private non-traded REITs and real estate syndications offer higher ...

MANILA, Philippines — To be finally called an “upper middle-income country (MIC)” sounds good to the ears. And this year, we have repeatedly heard the economic team of President Marcos tout ...

Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest, dividends, alimony, retirement distributions, unemployment compensation and ...