Income tax department has launched the new utility to enable taxpayers find the relevant provision in New Income Tax bill by ...

Filing your tax return can be daunting, especially if you're new to the process. However, understanding the deductions and ...

The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...

Weddings and homeownership are two major goals for many couples, but affording both takes years of careful saving and ...

From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child care ...

The new income tax regime is also attractive because it needs less paperwork. While the old regime has scope for deductions on investments made under 80C, 80CC and health insurance under 80D, and ...

Budget 2025: In a significant move aimed at easing the tax burden, Finance Minister Nirmala Sitharaman announced crucial changes to income tax slabs in Budget 2025. The nil tax slab has been raised ...

You don't buy a house for the tax deductions. It's just a nice side benefit. And usually very much appreciated, considering all the extra expenses associated with homeownership. Here are eight tax ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs. The ...