April is the month when your employer asks you to choose between the old and new tax regime for TDS on salary for FY 2025-26.

As April begins, so does a new financial year. But what’s changing in the world of taxation this time? From revised tax slabs ...

Finance Minister Nirmala Sitharaman proposed new income tax slabs under the new tax regime, which went into effect on April 1 ...

Learn more Tax season is officially here. And if saving money is your biggest priority this year, there are plenty of tax ...

As tax season, a time most Americans dread, starts inching closer to the finish line, better known as the tax deadline, ...

I recommend that you do not be lazy and go through the effort of compiling your itemized deductions. Your efforts may be greatly rewarded!

A coroner has found that a gross failure in basic medical care from midwives led to the death of baby Ida Lock (Family handout/PA) A gross failure by midwives to provide basic medical care led to ...

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

The alternative minimum tax (AMT) can reduce or eliminate the benefit of the standard deduction for certain taxpayers, particularly those with higher incomes or specific types of tax-preference items.

Tax deductions help keep more money in your pocket, and when it's time to file your return, there are typically two ways to take them the standard deduction, *** single fixed amount, or itemize ...