Income tax in India

Thailand BOI Approves Measures to Support Carbon Reduction

Retrieved on: 
Monday, September 6, 2021

These measures comprise the following:

Key Points: 
  • These measures comprise the following:
    1) The grassroots economy support scheme will also cover the support to local organizations involved in the development of sustainable agricultural activities such as low-methane rice farming.
  • 2) 3-year tax holidays will be offered to investments in machinery upgrades aimed at reducing greenhouse gas emissions.
  • This new measure is expected to contribute to the country's commitments on greenhouse gas reduction.
  • Petrochemical production facilities implementing Carbon Capture Utilization and Storage (CCUS) technologies will be granted 8-year corporate income tax exemptions.

Thailand BOI Approves Measures to Support Carbon Reduction

Retrieved on: 
Monday, September 6, 2021

These measures comprise the following:

Key Points: 
  • These measures comprise the following:
    1) The grassroots economy support scheme will also cover the support to local organizations involved in the development of sustainable agricultural activities such as low-methane rice farming.
  • 2) 3-year tax holidays will be offered to investments in machinery upgrades aimed at reducing greenhouse gas emissions.
  • This new measure is expected to contribute to the country's commitments on greenhouse gas reduction.
  • Petrochemical production facilities implementing Carbon Capture Utilization and Storage (CCUS) technologies will be granted 8-year corporate income tax exemptions.

Statement by the Minister of National Revenue, the Honourable Diane Lebouthillier, for National Volunteer Week

Retrieved on: 
Sunday, April 18, 2021

This year, the Community Volunteer Income Tax Program (CVITP) is celebrating 50 years.

Key Points: 
  • This year, the Community Volunteer Income Tax Program (CVITP) is celebrating 50 years.
  • And, in Quebec, volunteers have been supporting the Income Tax Assistance Volunteer Program (ITAVP) for over 30 years.\nAs a volunteer, you truly make a difference in the lives of people in need.
  • You have continued to help people, even as you faced your own challenges due to COVID-19.
  • "\nDuring the 2019-2020 program year, more than 18,960 volunteers and 3,810 community organizations filed over 467,500 tax returns for individuals across Canada.

eForm2290 introduces Knowledge Hub for HVUT taxpayers

Retrieved on: 
Thursday, April 8, 2021

MANHATTAN BEACH, Calif., April 8, 2021 /PRNewswire-PRWeb/ --eForm2290 launched the Knowledge Hub in April 2021 to empower truckers with detailed information on the 2290 HVUT tax .

Key Points: 
  • MANHATTAN BEACH, Calif., April 8, 2021 /PRNewswire-PRWeb/ --eForm2290 launched the Knowledge Hub in April 2021 to empower truckers with detailed information on the 2290 HVUT tax .
  • From form 2290 instructions , terminologies, and tax laws to payment & penalty, the knowledge hub offers detailed insights that simplify the e-filing process.
  • The knowledge hub will eliminate the need for extended support, as truckers will have access to all the details they need while filing their 2290 form.
  • Apart from HVUT form submission, eform2290 also offers services such as filing of tax refund, VIN correction and submission of amended 2290 return.

New Jersey Resources Increases Fiscal 2021 Net Financial Earnings Guidance

Retrieved on: 
Monday, March 15, 2021

This result is a credit to the deep experience and hard work of the Energy Services team, said Steve Westhoven, president and CEO of New Jersey Resources.

Key Points: 
  • This result is a credit to the deep experience and hard work of the Energy Services team, said Steve Westhoven, president and CEO of New Jersey Resources.
  • Forward-looking statements in this release include, but are not limited to, certain statements regarding NJRs fiscal 2021 NFE guidance, forecasted contribution of business segments to NJRs NFE for fiscal 2021 and the risks associated with bad debt expense.
  • Management believes this non-GAAP financial measure is more reflective of NJRs business model, provides transparency to investors and enables period-to-period comparability of financial performance.
  • For a full discussion of NJRs non-GAAP financial measures, please see NJRs 2020 Form 10-K, Item 7.

Special Form helps State Tax Filers Direct Refunds to Higher Education Savings and Open Oregon College Savings Plan Accounts

Retrieved on: 
Thursday, March 11, 2021

SALEM, Ore., March 11, 2021 /PRNewswire/ --The Oregon College Savings Plan today announced the rollout of a new tax form that will streamline the process of saving for post-secondary education and job training for tax filers in Oregon.

Key Points: 
  • SALEM, Ore., March 11, 2021 /PRNewswire/ --The Oregon College Savings Plan today announced the rollout of a new tax form that will streamline the process of saving for post-secondary education and job training for tax filers in Oregon.
  • With the Department of Revenue's OR-529 form, taxpayers can now elect to open an Oregon College Savings Plan account or deposit personal income tax refunds into preexisting Oregon College Savings Plan or MFS 529 Savings Plan accounts while filing their 2020 state tax returns.
  • Deposits must be a minimum of $5 for the Oregon College Savings Plan and $25 for the MFS 529 Savings Plan.
  • The Oregon Treasury Savings Network, part of the Oregon State Treasury, was launched in January 2001 to administer the Oregon College Savings Plan.

First Trust Energy Income and Growth Fund Declares its Quarterly Distribution of $0.30 Per Share

Retrieved on: 
Tuesday, October 13, 2020

First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.

Key Points: 
  • First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.
  • The distribution will be payable on October 30, 2020, to shareholders of record as of October 23, 2020.
  • The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund's investment sub-advisor believes offer opportunities for income and growth.
  • The Fund is treated as a regular corporation, or a "C" corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.

Child maintenance: Calculations, variations and income (UK)

Retrieved on: 
Friday, August 21, 2020

This House of Commons Library briefing sets out how the Child Maintenance Service (CMS) calculates the amount of child maintenance payable under the 2012 statutory child maintenance scheme.

Key Points: 
  • This House of Commons Library briefing sets out how the Child Maintenance Service (CMS) calculates the amount of child maintenance payable under the 2012 statutory child maintenance scheme.
  • This briefing describes how the CMS calculates child maintenance under the 2012 Child Maintenance Scheme in Great Britain.
  • Coronavirus

    The Child Maintenance Service has saidthat during the Coronavirus outbreak it is not currently contacting paying parents about missing payments.

  • Gross weekly income is defined as income before any deductions for income tax and national insurance but after any contributions to approved personal or occupational pension schemes.

AllianzGI Convertible & Income Fund II Reports Results for the Fiscal Quarter Ended May 31, 2020

Retrieved on: 
Thursday, July 30, 2020

This fluctuation will have the effect of adding to or subtracting from the Fund's overdistributed net investment income balance.

Key Points: 
  • This fluctuation will have the effect of adding to or subtracting from the Fund's overdistributed net investment income balance.
  • Fund management analyzes the current and projected net earning rates prior to recommending dividend amounts to the Fund's Board of Trustees for declaration.
  • The overdistributed net investment income balance is exclusive of market premium amortization on corporate bonds in accordance with federal income tax treatment.
  • Past performance is no guarantee of future results and the investment returns generated by the Fund will fluctuate.

AllianzGI Convertible & Income 2024 Target Term Fund Reports Results for the Fiscal Quarter Ended May 31, 2020

Retrieved on: 
Thursday, July 30, 2020

This fluctuation will have the effect of adding to or subtracting from the Fund's undistributed ordinary income balance.

Key Points: 
  • This fluctuation will have the effect of adding to or subtracting from the Fund's undistributed ordinary income balance.
  • Fund management analyzes the current and projected net earning rates prior to recommending dividend amounts to the Fund's Board of Trustees for declaration.
  • The undistributed ordinary income balance is exclusive of market premium amortization on corporate bonds in accordance with federal income tax treatment.
  • Past performance is no guarantee of future results and the investment returns generated by the Fund will fluctuate.