By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount ...

CNBC Select explains how to file your taxes safely and accurately to avoid mistakes, penalties and scam artists.

The current progressive personal income tax (PIT) list has seven brackets, with rates from 5 percent to 35 percent. Experts ...

General citizens who still want to save income tax for FY 2024-25 can still do so under Section 80C in the old tax regime by investing in five year term fixed deposits (FD). General citizens (under 60 ...

While filing income tax returns, we need many documents. Many times it happens that while filing the return, we come to know ...

Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest, dividends, alimony, retirement distributions, unemployment compensation and ...

Here are the most effective ways to reduce your 2025 tax contribution so government doesn't bleed you completely dry ...

There's a lot of information (and money) on the table during tax season. That also makes it a prime time for scams.

President Donald Trump has said multiple times that he has no plans to cut Social Security. That suggests he understands the ...

National 529 Day is just around the corner (May 29th), and the top 529 providers are hosting celebratory contests, giveaways, and educational events to spread awareness. A 529 plan is designed to ...

Getty Images To claim a tax deduction, a person must donate money to a fund or institution that meets the specified conditions. All taxpayers, whether resident or non-resident, who have donated money ...

President Donald Trump announced Wednesday sweeping new 25% tariffs on imported vehicles and vehicle parts that could affect ...