Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

“The most common mistake that you’ll see is that a taxpayer will go to an accountant or go to do their taxes through a ...

Finally, you can make an estimation using a little math. Each quarter, add up your actual income, multiply it by four (this ...

To help you receive the maximum refund, PIX11 News asked a tax expert about some lesser-known deductions for saving ... saying it’ll come in handy during tax time. “Put a little extra ...

For salaried individuals who opt for the new tax regime, there’s a standard deduction of ₹75,000. Additionally, the employer’s contribution to the National Pension Scheme (up to 14% of ...

The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...

You’ll provide information about yourself, your income and withholding, your income adjustments, and your tax credits and deductions ... you’ll end up owing a tax bill to the IRS and could ...

The tax exemption for income up to ₹4 lakh is zero, according to the Budget 2025 speech. How is it different from tax deductions? Tax deductions are claims made to reduce taxable income from ...

All those expenses come with a silver lining ... Tax Cuts and Jobs Act of 2017, you can only deduct up to $10,000 combined from your property taxes and state and local income taxes.

David McMillin writes about credit cards, mortgages, banking, taxes and ... musician who set up a studio in the garage, you might be able to take advantage of the home office deduction.

Did you know personal loans can offer tax benefits? If used for home construction, business, or education, you may be ...