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

Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing ...

Tax deductions may be an option with your 529 plan, depending on your state. Contributions to your 529 plan aren’t tax ...

For salaried Indians, a higher income offers greater opportunities for saving and investing. However, understanding the tax ...

The new Income Tax Bill will replace the Income Tax Act. However, not many people are able to understand how the new tax bill ...

Understanding how paycheck deductions work can make it easier to manage finances and ensure the correct amount of take-home ...

Tax benefits for home office expenses remain elusive for many. While freelancers and small-business owners can still claim ...

Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the ...

Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

The process isn’t all bad, though. For example, there are certain tax breaks and deductions that are afforded to small business owners and self-employed individuals that regular employees don ...

On January 17, 2025, news sources reported that Republican members of Congress circulated a detailed list of legislative ...