You don't buy a house for the tax deductions. It's just a nice side benefit. And usually very much appreciated, considering all the extra expenses associated with homeownership. Here are eight tax ...

Section 80 G of the Income Tax Act allows tax deductions on donations, that are made to any charitable trust. One of the best ways to save money while doing their bit for contributing to the world is ...

Budget 2025 announcements included reforms related to income tax, TDS, tax on second housing property, crypto investent, etc.

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

ITAT Chennai held that Form 56F not signed by an accountant, as referred in section 10A (5) of the Income Tax Act, is defective and hence deduction under section 10A of the Income Tax Act not ...

We feel reforms should be undertaken under affordable housing units and projects, introducing credit guarantee schemes, ...

In the run-up to the Budget for 2025-26 former BJP MP and financial market observer suggested that individuals earning up to Rs 10 lakh per annum should enjoy ...

Among the most anticipated measures is an increase in the standard deduction, a tax break that provides relief to salaried individuals. Experts are pushing for a higher standard deduction ...

Gov. Mike Braun on Wednesday gave his first State of the State address. Here is the full text of his prepared speech along ...

Finance Bill 2025 introduces new provisions under Section 285BAA of the Income-tax Act, mandating the furnishing of information about crypto-asset transactions. The bill requires reporting entities to ...

The Government of India released the gazette of the Unified Pension Scheme on the eve of Republic Day. Employee organizations ...

REDUCTION IN take-home income for gig workers One key concern with these mandatory deductions for the pension scheme could be a decrease in short-term take-home income for gig workers. Salauddin ...