Taxpayers are often confused in reporting interest income arising from National Small Savings Schemes (NSSS) offered by the department of posts. The confusion is around declaring the interest income — ...

Diplomacy with Russia is not capitulation, and talking to Vladimir Putin is not a reward for good behavior. The recent hardening of Russian president Vladimir Putin’s position on Ukraine has led some ...

I’m 62 years old and retired from a bank manager post in August 2023. Here’s my situation: my parents purchased a residential built-up property of 149.10 sq. meters in East Delhi in July 1996 for ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...

The Federal Reserve held rates steady once again, affecting Americans' loans and credit costs. The decision is based on economic indicators like inflation, unemployment, and GDP growth. Stable rates ...

NS&I has raised interest rates to 4.18% for new issues of NS&I’s 1-year-fixed-term British Savings Bonds, after recently cutting rates on longer-dated bonds. New issues of NS&I Guaranteed Growth Bonds ...

Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve ...

The Department of Education announced Wednesday it will restart interest for nearly 8 million student loan borrowers on the SAVE plan starting August 1. That leaves borrowers with just three weeks to ...

The Education Department announced Wednesday interest accrual for student loan borrowers on the Saving on Valuable Education (SAVE) plan will restart Aug. 1. The SAVE plan, created under the Biden ...