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    • OCTOBER 20, 2021
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    Group says some private schools still impose 30% income tax

    MANILA, Philippines – Some regional offices of the Bureau of Internal Revenue (BIR) still impose a 30% tax rate on private educational institutions despite the Department of Finance (DOF) suspension order, an association said of private schools Wednesday. Last July, the BIR halted the implementation of fiscal regulation (RR) No. 5-2021, which would have increased

    • OCTOBER 19, 2021
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    Bank First reports third quarter 2021 net income

    MANITOWOC, Wisconsin., October 19, 2021 / PRNewswire / – Bank First Corporation (NASDAQ: BFC) (“Bank First” or “Bank”), the holding company of Bank First, NA, reported net income of $ 11.2 million, Where $ 1.46 per share, for the third quarter of 2021, compared to net income of $ 11.0 million, Where $ 1.42 per

    • OCTOBER 18, 2021
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    What to know about the income statement: an important financial document that shows the income and expenses of a business

    When examining income statements, two main methods are used: vertical analysis and horizontal analysis. Rachel Mendelson / Insider Table of contents: Sticky masthead An income statement is a financial document that details the income and expenses of a business. Some investors and analysts use income statements to make investment decisions. The income statement as well

    • OCTOBER 18, 2021
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    Income statement: definition, uses, example

    An income statement is a financial document that details the income and expenses of a business. Some investors and analysts use income statements to make investment decisions. The income statement as well as additional financial documents must be filed with the Securities and Exchange Commission (SEC). Visit Insider’s Investment Reference Library for more stories. Loading

    • OCTOBER 17, 2021
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    Income tax deadlines for buying or selling an apartment to claim benefits

    Income tax laws provide a variety of benefits when it comes to owning a home, whether it’s for a home loan or for claiming capital gains exemption by investing in a residential home. If one is not aware of these deadlines, one may simply miss the tax benefits available under the tax laws. Let’s discuss.

    • OCTOBER 14, 2021
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    Wells Fargo net income up 59% as bank releases $ 1.65 billion in credit loss reserves

    Thursday, October 14, 2021 3:03 PM Wells Fargo today posted a jump in third quarter profits, boosted by a release of its credit loss reserves as the recovery from the coronavirus pandemic accelerated in 2021, CNBC reported. Third-quarter net profit reached $ 5.1 billion, an increase of 59% from the $ 3.2 billion recorded in

    • OCTOBER 14, 2021
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    Income Tax Notice: How to Read the Section 143 (1) Income Tax Warning Notice

    The tax return filing process (ITR) does not end at the verification stage. Once an individual has verified their tax return, the income tax department begins processing the tax return. After processing the RTI, the tax service sends a notice of formal notice. This information notice is sent under Section 143 (1) of the Income

    • OCTOBER 13, 2021
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    Income Tax Portal Says Steady Progress, Says Infosys CEO

    Under fire over technical issues plaguing the new tax filing portal, Infosys CEO Salil Parekh said on Wednesday that the new portal developed by his company is seeing “steady progress” and 1.9 crore declarations have already been filed. He added that the concerns of taxpayers are “gradually being taken into account”. “We are seeing steady

    • OCTOBER 13, 2021
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    Infosys Says Income Tax Portal Stabilizes, Nearly 1.9 Crore Filed

    New Delhi: said the operation of the income tax portal is stabilizing and nearly 1.9 crore in returns have been filed using the new system. Salil Parekh, CEO and Managing Director of the country’s second-largest software services company, which has been commissioned by the Indian government to manage the country’s income tax portal, said on

    • OCTOBER 13, 2021
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    JPMorgan Chase Reports Third Quarter Net Profit Increase of $ 11.7 Billion

    JPMorgan Chase & Co released its third quarter 2021 financial results on Wednesday and posted net income of $ 11.7 billion (£ 8.6 billion, € 10.1 billion), up 2, $ 2 billion, largely due to the release of credit reserves. Jamie Dimon, chief executive officer of the company, said in a statement that the company