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 ...

There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...

Most Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need ...

The Jacksonville Jaguars spiraled at the end of last year’s regular season and missed the playoffs, but they are all in on ...

Union Budget 2025 brought major relief to salaried taxpayers by revamping income tax slabs under the new tax regime. For ...

Taxpayers who claim substantial tax-saving deductions, often summing up to several lakh rupees, generally find the old tax ...

Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...