Working for yourself can have a lot of benefits, but taxes are generally not one of them. When self-employed, you are ...

The maximum growth allowed in levies under current law is expected to be 5.7% in 2027 and 5.3% in 2028, according to the bill ...

Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing ...

There is currently a $10,000 cap on SALT deductions. Filers can deduct on Schedule A any combination of state and local ...

When you sell a home, you'll need to pay taxes on the amount of money you earned on the sale as capital gains. However, if you live in the home for two of the previous five years before selling, you ...

7. We may also refer to a decision of the Karnataka High Court in the case of (Smt.) Sujatha Ramesh vs. Central Board of Direct Taxes, New Delhi, (2017)87 taxmann.com 228 (Karnataka), wherein the ...

Tax expert Turon Kendrick shares essential advice, emphasizing the importance of early but complete filing, ensuring all tax ...

Pay attention to your tax bracket: Having multiple jobs could push you into a different tax bracket. But remember: When your income jumps to a higher tax bracket, you don’t pay the higher rate on your ...

Form W-4 walks you through determining what they are so your employer gets the deductions just right. The total tax withheld from your pay is largely based on your ... Article Sources Investopedia ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in high-rent cities, HRA can still tilt the scale.