These can increase your tax liability and also result in penalties, fines and notices from the tax department.

Plan ahead for these by saving money on your own or by requesting that the government withhold money for taxes from your ...

Centre considers optional joint taxation for married couples as suggested by ICAI, aiming to simplify tax filing and benefit ...

Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...

Gain insights into gross interest, the annual interest rate paid on investments before taxes and fees, and how it impacts your financial returns.

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize ...