The Income Tax Department is expected to notify the filing forms for the financial year 2024-25, or Assessment Year 2025-26, ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

Rent income is an assessable head of income under the head 'Income from House Property' of the Income Tax Act, 1961, and ...

While overall interest rate has started coming down, but there are still some banks who are offering a high interest rate on ...

"Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...

Tax relief is an avenue to explore if you owe more money in taxes than you can reasonably shoulder. One good way to reduce ...

Assessed value and property taxes are still on the rise in response to increasing sale prices in Johnson County.

The Kano State Pension Board has so far cleared over N21 billion in pension liabilities out of a total debt of N48.6 billion ...

Maximum annual credit amounts: The maximum annual credit is generally capped at $1,200 for building envelope improvements, ...

Discover how the SALT deduction can significantly reduce your tax bill by up to $10,000. Learn who qualifies, what taxes are ...

Tax Day has passed, but here’s a look at how much people have paid in taxes in recent years — and how much they’ve gotten back in tax returns.

The new tax regime provides lower tax rates and fewer deductions, eliminating the need for investment in tax-saving schemes ...