In Budget 2025, Finance Minister Nirmala Sitharaman proposed new tax regime income tax slabs. Once the slabs come into effect ...
Filing an ITR is crucial not just for compliance, but also to take advantage of available tax rebates and avoid penalties.
Finance Bill 2025 introduces tweaks to personal income tax structure, including marginal relief for those earning slightly ...
Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.
For example, up to 40% (or $1,000) of the maximum $2,500 for the American Opportunity Tax Credit can be put toward your tax ...
Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.
Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...
Be it tax reforms under the new tax regime or exempting second property from tax for notional rental income are some of the ...
Liability car insurance is the most basic policy, covering damage or injuries to another car, driver or passenger. Almost all states require you to at least have liability insurance if you want to ...
(Pixabay) I have never filed my ITR, as my tax liability has been nil. Now, I am planning to apply for a home loan, so I would need to present ITR to the bank. I want to file my ITR online alone ...
Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your ...