These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

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

Tax relief and support for key sectors like agriculture and manufacturing are expected to boost economic growth and ...

Finance Minister Nirmala Sitharaman presents growth-focused Budget with tax reforms, MSME support, and infrastructure ...

The Union Budget 2025 is being presented today (February 1) by Finance Minister Nirmala Sitharaman. This is her eighth ...

Sitharaman says a tax deduction limit on interest for senior citizens is being doubled from Rs 50,000 to Rs 1 lakh. The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh ...

Sitharaman says a tax deduction limit on interest for senior citizens is being doubled from Rs 50,000 to Rs 1 lakh. The ...

Here is a list of our partners and here's how we make money. Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of ...

Tax Season 2025: How long will it take to get your refund after filing your return? The standard deduction is a fixed amount you can subtract from your income to reduce the portion that is taxed.

Budget 2025 Expectations: In Budget 2020, the Modi government announced the introduction of the New Tax Regime, offering taxpayers the option to benefit from lower tax rates under simplified tax ...

The secret is in leveraging both tax deductions and tax credits. Before you start your tax return, let’s clarify the differences between a tax credit and a tax deduction and how both work to ...