The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.
Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...
The initial plan calls for $4.5 trillion in tax cuts and at least $1.5 trillion in spending reductions, along with an ...
Here's a step-by-step checklist to help you get started. The post How To Register As A Taxpayer In LHDN MyTax (Checklist ...
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 care ...
Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...
New Delhi: In a big relief to the Indian middle class, individuals earning up to Rs 12 lakh—or Rs 12.75 lakh with standard deductions—will now pay zero tax. Finance Minister Nirmala Sitharaman ...
Individuals can claim two self-occupied properties as NIL taxable income. TDS on rent limit increased from ₹2.4 lakh to ₹6 lakh, reducing compliance for small landlords. Threshold for senior ...
The new income tax regime is also attractive because it needs less paperwork. While the old regime has scope for deductions on investments made under 80C, 80CC and health insurance under 80D, and ...
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, focusing on boosting economic growth and enhancing the spending power of India's middle class. Key announcements included income ...
BCCI Award winners: The Indian Cricket Board (BCCI) honoured its top performers in the 2023-24. The board gave out two special awards to Ravichandran Ashwin and the legendary Sachin Tendulkar. Here's ...
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...