The new Capital Markets Efficiency Promotions Act (CMEPA) does not impose new taxes, the Department of Finance said Thursday, adding it standardizes the tax rate on interest income "to correct an ...

The Department of Finance clarifies that the 20% tax under CMEPA applies only to bank interest income, not to savings. The reform aims to fix unfair tax breaks for the wealthy and streamline ...

DOHA: The Commercial Bank, its subsidiaries and associates ( Group ) announced yesterday its financial results for the six months ended June 30 ...

Tech Mahindra CEO Mohit Joshi reaffirmed the company’s commitment to achieving a 15% earnings before interest and taxes (EBIT) margin by FY27, stating that the “current progress is encouraging” ...

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file taxes.

Godrej Consumer's Executive Chairperson Nisaba Godrej announced a commitment to strong FY26 performance, following 2% growth ...

M&T Bank (MTB) stock dipped 1.7% in Wednesday morning trading as the bank lowered its guidance for its common equity tier 1 ...

IRS tech tools are smarter than ever - Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant.

Opinions of the One Big Beautiful Bill tend toward the extreme. One of its main authors calls it “the greatest piece of ...

Major Philippine banks have already started implementing a uniform 20% final withholding tax on interest income from deposit products, effective July 1.

After many months of touting the 'Big, Beautiful Bill,' President Donald Trump finally passed it with the approval of the ...