Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

It’s getting to be that tax time of year! Filing taxes, like paying taxes, may not be an enjoyable to-do, but receiving a ...

Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...

Withholding tax refers to the amount of income taxes your employer takes from your paycheck to pay your taxes throughout the ...

With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

Individuals having taxable income of Rs 12 lakh will not required to pay any tax from FY 2025-26. However, there can be ...

With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive ...

Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.

This should be a banner year for taxpayers seeking free tax-preparation. But one key IRS program is under fire.