The formula we’re about to share isn’t the actual treasure; it’s only the key. You could call it the “cash flow” formula.

You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...

Income Tax Slabs 2025 LIVE Updates: Tax reforms show empathy of govt towards the middle class, says Allcargo Group Chair ”The budget has put the economy firmly on the track to attain the Viksit Bharat ...

The income tax reforms introduced in the budget are among the biggest in the last decade — simplified and rationalised to put more money in people's hands without compromising the fiscal deficit.

For example, if one has an annual taxable income of Rs 10,00,000 and the individual qualifies for a standard deduction of Rs 75,000, the taxable income gets reduced to Rs 9,25,000. What is standard ...

Individuals can claim two self-occupied properties as NIL taxable income. TDS on rent limit increased from ₹2.4 lakh to ₹6 lakh, reducing compliance for small landlords. Threshold for senior ...

Over 85 per cent of personal income tax payers will not need to pay any income tax under the new income tax regime announced by finance minister Nirmala Sitharaman in the Union Budget 2025. This is a ...

Retirees need quite a bit of income just to meet their basic needs. Whether you rent or own your home, you'll have housing expenses. Then there's food, transportation, and healthcare, plus a ...

However, until recently, people who work on contract as freelancers have not been able to get home loans if they did not earn a regular income. But that is changing now with an emerging trend in ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

The net profit was aided by jump in other income, which stood at ₹3,411 crore from ₹2,673 crore last year. There was also a provision write-back of ₹285 crore during the quarter, in comparison to the ...