D (health insurance), and home loan interest are just a few of the many exemptions and deductions that were available under ...

Enhanced disclosure requirements for taxpayers opting for the old tax regime. - Automation of deduction verification aims to ...

All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...

The income tax department has introduced enhanced validation rules in the ITR filing utility for FY 2024-25 (AY 2025-26), ...

Tax season can feel like a maze, and it’s easy to miss out on valuable deductions that could put more money back in your ...

With Budget 2025 making income up to Rs 12 lakh tax-free under the new regime, salaried taxpayers are weighing the benefits ...

By using certain tax benefits available under Indian law, you could save up to Rs 5 lakh every year on your taxable income.

Taxpayers can claim deductions on home loan interest and principal payments under sections 80C, 80EE, 80EEA and 24(b) of the Income Tax Act, 1961.

To fulfill Trump's campaign promise, House GOP lawmakers want to offer a tax deduction for car loan interest. How would it ...

Learn which of your home expenses may be tax-deductible, how to claim those deductions, and what you can do year-round to ...

Employees get deduction benefits on certain investments or savings done. But there is one investment that doesn't help ...

Below, I’ve outlined the various reasons retirees might consider renting if you’ve recently sold a home or are planning on ...