The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers ...

Why tax-free limit is higher for salaried-class individuals This is because a standard deduction of Rs 75,000 under Section 87A is available only to salaried-class individuals. First, the Rs 75,00,000 ...

President Donald Trump announced the implementation of 25% tariffs on all automotive imports as well as what he calls ...

Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

For a salaried-class individual, the income up to Rs 12.75 lakh is tax-free. But even if they have an annual income of Rs 15.60 lakh, they can make it tax-free provided they take the benefit of ...

There is a lot to know when it comes to filing taxes. Our complete guide for the 2024 tax year (filing in 2025) should help.

The alternative minimum tax exists to fix that.  Explore More: 3 Sneaky Things You Didn’t Realize Your Tax Software Was Doing ...

With a market valuation of Rs 7,721.40 Cr, Elantas Beck Indias shares closed Friday 1.59% down at Rs 9739.80 a share. This ...

Benefit payments will be going out as normal in April for the most part, but there are some exceptions to be aware of. Those ...

Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.

Many individuals will opt for the new tax regime for FY 2025-26. This is due to the new income tax slabs introduced from ...

Individual taxpayers can claim a wide variety of deductions on their federal taxes. "The basic rules of deductions start by ...