7 Luxury Items You Can Write Off in Taxes, According to Experts
When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct ...
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Chances Of Your Car Being Written Off By Insurance Is Rising
A n insurance write-off is when the damage caused in a crash would cost more to repair than replace the car. Back in the day ...
Tax Write-Off vs. Tax Deduction vs. Tax Credit: What’s the Difference?
While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, you are only reducing the amount of income subject to tax, but a credit ...
This is how much Indian banks wrote off bad loans in last 10 years
The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of ...
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Share of bad loans written off for large corporate houses falls in FY24
Indian banks wrote off ₹1.7 lakh crore in loans during FY24, with large industries and services contributing 40%. The share ...