“Previously under Section 125 of Act 896, employees were not expected to file their own returns but per amendment 924, they are now required to file their annual income tax returns four months ...
In general, students are responsible for determining their tax status and taxation of scholarships and fellowships when filing annual income tax returns. The general rule is that any income is subject ...
REVENUE COLLECTION is on track to exceed this year’s revised goal, with revenue effort expected to be the highest since 1997, the Department of Finance (DoF) said. “Total revenue collection for 2024 ...