In addition to federal tax breaks, many states offer additional tax benefits to residents who contribute to in-state plans.

Proactive tax planning can save small business owners thousands of dollars and give them a clear picture of their financial position.

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

Notably, taxpayers can claim exemption for HRA along with the interest on home loan under the old tax regime in the same year ...

For AY2025-26, understanding tax liability under each income tax regime is crucial. Here's calculation for Rs 10 lakh, Rs 20 ...

Natalie toggles between news stories and enterprise reporting to bring timely personal finance topics to readers. Her mission is to help inform people of all financial backgrounds about events ...

The government has also provided marginal relief if your income is less than Rs 12.75 lakh. However, you can still save more tax if you earn more than Rs 12.75 lakh. If your company is contributing up ...

A frequent misconception among business owners is that taxes are a once-a-year obligation. In reality, tax planning requires ...

You may have questions about taxes on different types of portfolio income. We've got answers ... as well. How to Calculate the Number of Shares a Company Has How to Calculate the Price of a ...

Don't forget about other costs like property taxes ... calculate how much house you can afford First, you need to know how much money you're working with. If you have a single source of steady ...

The new Income Tax regime for FY26 can be a game changers ... Union Asset Management Company Pvt Ltd. The IT exemption for individuals earning up to ₹12 lakh annually would increase their ...

To ease tax payments, the Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal, allowing users to pay without logging in or using a password.