India's new tax code that was tabled by the Finance Minister today in Parliament has a slew of measures including streamlined ...

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year.

No hike has been announced in the Section 80C deduction limit in Budget 2025. Deduction under Section 80C of the Income Tax Act is available under the old tax regime only. For the upcoming fiscal year ...

Ahead of the Budget 2025, President Draupadi Murmu suggested that there could be significant tax relief for middle-class ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

The new budget cites a recent uptick in revenues that allowed Newsom’s budget to expand some categories of ... of a much larger overhaul of tax policy, limited deductions for state and local ...

As Union Budget 2025 approaches, real estate stakeholders are urging the government to introduce key reforms, particularly in GST rationalization and tax benefits for homebuyers. Industry leaders ...

Himachal High Court held that as per section 43-B of the Income Tax Act deduction ... thereof despite claiming deductions thereagainst under the guise of mercantile system of accounting. Resultantly, ...

It's officially tax season. While you're probably eligible ... The more time you give yourself, the more likely you'll be to really maximize deductions. Use the service's deduction-finding tools ...

Verdery said there are some common misconceptions around what deductions are available. Student loan interest, education credits, and child tax credits are deductions or credits separate from ...

“Currently, the Sukanya Samriddhi Account is the only government-backed, children-focused investment scheme that offers tax benefits. We hope that the upcoming Union Budget will provide additional ...