The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate ...

Senate Republicans rejected House efforts to raise the state and local tax deduction cap from $10,000 to $40,000. Homeowners ...

Congress is debating whether to increase the cap on state and local tax (SALT) deductions, which would generally decrease the ...

As tax season approaches, property investors are being urged to plan early and strategically to optimise their returns and ...

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

Discover unlimited home loan interest deduction for let-out properties and save maximum tax in fiscal year 2025. Here’s how.

ITAT Delhi held that deduction under section 54F of the Income Tax Act allowable since the provisions of section 54F allows for construction of the property within a period of three years. Accordingly ...

ITAT Delhi sets aside CIT(A) order, remanding Amit Gupta's reassessment case for fresh review of Section 54F deduction and validity of Section 147 ...

Your monthly loan repayment may feel like a drain, yet that same outgoing can slash your tax bill if you structure it right.

Opinion: Anchin experts say the GOP's tax bill would reduce tax revenue and represents a "seismic shift" in the tax code.

Many first-time homebuyers are unknowingly missing out on a valuable tax benefit—an additional ₹50,000 deduction under ...