The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

Crypto analysts predict Solana will reach $300 by mid-2025, but investors are encouraged to diversify into 1Fuel, an emerging ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

LIVE: Finance minister brought cheer to the middle class, making income up to ₹12 lakh tax free in the Union Budget 2025.

Experts say there exists many flaws, glitches, etc with the e-filing ITR portal. Although these issues might seem small but collectively these add up to a bigger grievance. For example: When a notice ...

Effective April 1, 2023, the indexation benefit for long-term capital gains (LTCG) on debt mutual funds was removed, and gains were taxed according to the individual's income tax slab rate. Since then ...

Summary: Purchasing immovable property in India involves various tax considerations under the Income Tax Act, 1961, and Goods and Services Tax (GST). Section 194-IA mandates buyers to deduct 1% TDS on ...

Bank of India ELSS Tax Saver outperformed its benchmark (BSE 500 - TRI) with 14.53% CAGR over three years and 22.80% over five years, compared to 12.20% and 17.70%, respectively. Similarly, DSP ELSS ...

1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act ... of the Scheme will be achieved." The Navi ELSS Tax Saver Fund Regular Growth has an AUM of 62.40 crores ...

There are other investments that one can make to reduce their tax outflow, while these may not bring remarkable returns. The Equity Linked Savings Scheme blends the best of both these goals. ELSS is ...