Delhi High Court held that different floors of a singular house cannot be considered as multiple residential houses. Accordingly, deduction under section 54F of the Income Tax Act cannot be denied.

ITAT Delhi held that denial of exemption u/s. 11 of the Income Tax Act by invoking provisions of section 13 (1) (c) without any material brought on record to substantiate that salary paid to members ...

The bill looks to slash taxes and increase spending on oil drilling, the military, and immigration, while also making cuts to ...

Inflation is back on the rise, with a shock jump arriving today. Financial experts gave us their top tips on what you can do ...

Now is the time to start preparing for the next tax season. Begin by marking these dates on your calendar today.

Trump's One Big Beautiful Bill, including a bigger child tax credit, is moving through Congress. See what may be in it for ...

President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which Republicans ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The federal government is phasing out paper checks in favor of electronic payments. What does it mean for Social Security checks and tax refunds?

The trade truce between the US and China appears increasingly fragile, as both sides trade barbs just more than a week after ...

While Form 16 provides details of your salary, tax deductions, and exemptions, it’s not the only way to file your return.