The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

As tax season approaches, many homeowners find themselves sifting through receipts and financial documents, searching for ...

Keeping more of your money in retirement is paramount, and tax time provides ways to protect and maximize your nest egg. Here ...

Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in Lok Sabha, aiming to replace the 1961 Act. Set for ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

Nirmala Sitharaman's new Income Tax Bill takes effect in April 2026. Can taxpayers still opt for the old tax regime in FY26? Find out what experts say.

CELINA - This tax season, the Internal Revenue Service expects 140 million people to file returns by April 15. Luckily, ...

As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...