Master how to calculate sales tax and find out how much you'll really pay. Includes tips, examples and local tax rate info.

Both Labor and the Coalition have announced tax concessions ahead of polling day on May 3. Here's how much you could ...

You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.

The tax department clarified that any expenditure incurred to resolve proceedings under four specific laws will not be ...

The highest tax rate of 30 percent kicks in when annual income is more than ₹15 lakh in the new tax regime. Additionally, tax ...

Image: Pexels Before doing the calculations of paying zero tax, let's check the slabs, standard exemptions, and deductions under the new tax regime. In the new regime, you now get a standard deduction ...

Tax relief is an avenue to explore if you owe more money in taxes than you can reasonably shoulder. One good way to reduce ...

Calculator disclaimer ... depending on if you take the standard deduction or itemize your deductions on your tax return. For the 2024 tax year, the standard deduction reduces your taxable income ...

Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...

"Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...

An Act is a law that is passed by the Parliament (or State Legislature). It lays down the basic framework or primary law on a subject. Think of it like the blueprint or foundation of a building. The ...