Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

To include more taxpayers within the income tax framework, the scope of Tax Deducted at Source (TDS) and Tax Collected at ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

Key budget changes include raising TCS threshold for remittances, tax exemptions for withdrawals, modified ULIP tax rules, ...

Pick an online calculator or a website that offers you the option to calculate income tax and returns for free. Now pick the financial year for which you would like to calculate the income tax. Also, ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...

If a property is rented out and has an active home loan, the taxpayer can claim a deduction of up to ₹2,00,000 on the ...

If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child ... the ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

Single people are forced to spend 22% more on rent or mortgages, council tax and energy ... He spends 41% of his £1,700 monthly salary on a one-bed flat, 11 percentage points more than what ...

Generally, April 15 is the deadline to file your income tax forms with the Internal Revenue Service. Unless you’ve overpaid and are eager for a refund, you may be tempted to put off completing ...