The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

With reduced tax benefits under the new income tax regime, many Indian home loan borrowers are now prioritizing early loan prepayments to minimize int ...

ITAT Delhi held that different floors of a property cannot be construed as independent residential unit and instead had to be construed only as a single residential unit for purpose of claiming ...

Michigan's James Benson joined the president, who announced tax deductions on car loan interest for American-made vehicles as part of the "big, beautiful bill" event Thursday.

The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective ...

The interest you pay on a business loan is tax-deductible if you meet specific criteria defined by the IRS. Here's what you need to know about these criteria.

By expanding rental assistance to all eligible low-income households, the government could make huge headway in solving the rental affordability crisis. The most obvious option would be to expand the ...

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

A question that most salaried taxpayers face is if they can claim both House Rent Allowance (HRA) and home loan interest ...

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

Understand the significant Income Tax Return (ITR) changes for FY 2024–25 (AY 2025–26), including the new default tax regime, enhanced disclosure requirements, simplified capital gains reporting, and ...