This time, outspoken Opposition MP and leader of the National Party, Kerenga Kua said yesterday the move to enforce compulsory salary deduction “is illegal”. “Salaries earned by public servants is ...

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 ...

Our opinions are our own. Here is a list of our partners and here's how we make money. Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to ...

Tax deductions can impact your taxable income, reduce your overall tax liability and potentially increase your refund. Tax deductions are specific expenses that the IRS allows taxpayers to ...

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 ...

Tax Deductions: Here are some expected tax deduction terms you should know ahead of the budget. Union Budget 2025: The Union Budget is a crucial document that gives an insight into the government ...

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, ...