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 ...

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

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

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

OBBBA promises new tax breaks for tips, overtime, and car loan interest—but hidden limits and fine print mean many taxpayers may see far less benefit than expected.

Bank of America put out a mixed quarter, exceeding on EPS and missing on revenue and one of its main drivers, net interest ...

The bill also keeps the lower rates from the 2017 law, which accounts for a lot of its multitrillion-dollar cost. That’s something America can’t really afford — but it doesn’t need a sudden $4.5 ...

Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it ...

Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...