Breaking News: Tax: Middle class demands major relief, reduced tax rates
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New Tax Relief for Seniors in 2025: Understanding the “Senior Bonus Deduction”
The One Big Beautiful Bill Act drastically shortens the window for claiming key energy-efficient credits
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Think the new tax regime killed all deductions? Think again. From ₹50,000 standard deduction to NPS and health insurance benefits, 10 ways to still save tax in AY 2025–26. https://english.mathrubhumi.com/news/money/new-tax-regime-deductions-and-exemptions-dx5z1yop?utm_source=dlvr.it&utm_medium=mastodon #IncomeTax #TaxSavings #NewTaxRegime #FinanceTips #MoneyMatters
GST: Important alert for policyholders; pay premium before September 22
https://hindi.vaartha.com/gst-on-health-insurance/more/61157/
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"Zion in a recent report estimated that Meta Platforms’ cash tax savings could be as much as $11 billion this year. That is equivalent to 31% of previously estimated free cash flow for the year.
Similarly, Zion estimates Amazon.com’s cash tax savings this year could be $15.7 billion, equivalent to 43% of the average analyst estimate for 2025 free cash flow. Other companies with estimated one-year savings equivalent to 30% of free cash flow or more include Charter Communications, Targa Resources and Texas Instruments.
All told, Zion estimates $148 billion in cash tax savings for a sample that covered 369 of the companies in the S&P 500. That is equivalent to 8.5% of the companies’ combined full-year estimates for free cash flow as of June 30, right before Congress passed the tax law, using estimates compiled by S&P Global Market Intelligence.
Amazon, Meta, Alphabet and Microsoft together accounted for 38% of the total. Most companies, including those four, haven’t disclosed estimates yet quantifying the impact. Zion used 2025 estimates for companies with calendar fiscal years and 2026 estimates for companies with non-calendar fiscal years."
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