This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...

For senior citizens, banks will now deduct TDS if interest amount exceeds Rs 1 lakh in a particular bank. However, with smart ...

State Bank of India (SBI) offers SBI Green Rupee Term Deposit Scheme, which is aimed to mobilise deposits to support the bank ...

Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January ...

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 ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. To start, you can file a free tax extension that will give you an additional six months to ...

Your employer, according to the IRS, is required to provide or send Form W-2, known as a "Wage and Tax Statement" to you no ...

Small or retail investors often invest in bonds to earn predictable returns. TDS affects them by interrupting cash flow and ...

Summary: A 5-year tax-saving fixed deposit (FD) allows individuals to invest a lump sum for five years and claim tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act. These ...