Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Mumbai ITAT held that additions cannot be sustained merely due to Form 26AS mismatches. The Assessing Officer must verify whether income was already taxed to avoid double ...

The 1% rent vs buy rule states that a property is usually a good investment if the monthly rent you could get from it is at ...

The old tax regime continues to appeal to salaried taxpayers with home loans, insurance policies, and long-term savings.

With every Union Budget, one of the most closely watched announcements by India’s middle class revolves around personal ...

January is an ideal time to do tax planning for income in 2026. Where to begin? Start with these numbers related to ...

Personal income tax (PIT) applies to all individuals who are considered tax residents in Nigeria and earn taxable income ...

The Tribunal held that only unreconciled Form 26AS entries could be taxed while verified reimbursements deserved relief. It also ruled that godown rent already netted in business income could not be ...

The alternative minimum tax could increase your tax bill. See what triggers AMT and how to know if it applies to you.

Here are the 2025 tax brackets, the ones that apply on the tax return you file in 2026: ◾ 37% for taxable income over ...

Salaried individuals can now make their income tax-free in the new tax regime. This is possible by utilising employer ...

While the final recommendations are yet to be notified, a structured calculation using expected pay panel principles allows ...