Here are the tax slabs, deductions, and rebates for the financial year 2024-25 or the assessment year 2025-26.

1. File Your Income Tax Return (ITR): The due date for filing ITR for individuals is July 31st (extended in some cases). Choose the correct ITR form based on your income sources. 2. Carry Forward ...

The financial year 2024-25 is about to close. Taxpayers can file their income tax return as per the existing new tax regime ...

Tax slabs under the old tax regime Section 80C: Investments in PPF, ELSS, LIC (up to Rs 1.5 lakh). Section 80D: Health insurance premium deductions. Section 24(b): Home loan interest deductions up to ...

Union Budget includes a Rs. 1.5 lakh crore state spending package that includes improvements in the infrastructure, ...

President Donald Trump said he wants to make interest payments on car loans tax-deductible – but only for vehicles made in the U.S.

Unlike home loan repayment, personal loan borrowers are not given any income tax benefit. However, this rule is subject to certain exceptions. One can claim income tax benefits on interest paid ...

President Donald Trump on Tuesday said he wanted to make interest payments on car loans tax deductible – but only for vehicles made in America. Trump previously floated the idea at a November ...

During Donald Trump’s speech Tuesday before a joint session of Congress, the president reiterated his promise to make interest on car loans tax deductible — but only if the vehicle is made in ...

HDFC Bank has decreased its Marginal Cost of Funds-based Lending rate (MCLR) on one loan tenure by 5 basis points (bps).