New draft income tax rules suggest changes to house rent allowance and child hostel allowance benefits. Cities like Bengaluru ...

The Union Budget 2026 extends tax deductions for IFSC units to 20 years and provides a concessional 15% tax rate post-holiday, strengthening GIFT City’s global ...

The Tribunal held that deduction under Section 54F must be computed with reference to actual sale consideration received, not the deemed value under Section 50C. The matter was remanded for ...

If you have gifting to loved ones on your mind, here are some considerations related to taxes and logistics. Unless you’re ...

Rather, it was the silent arithmetic of survival: how many hours one must work to feed a family, how many days one can go without speaking up before disrespect becomes unbearable, how much dignity can ...

Think again, because bonus season is here, and with it, there are decisions to be made on what to do with your hard-earned ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.

Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on for more details: ...

A 25% Maryland tax credit and federal deduction may be available for donors supporting local CFES programs and community needs.

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...