In Budget 2025, Finance Minister Nirmala Sitharaman proposed new tax regime income tax slabs. Once the slabs come into effect ...

The regime allows taxpayers to claim deductions on various investments and expenses, which can significantly lower their ...

According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...

ITAT Lucknow held that delay of 4 days erroneously calculated as delay of 551 days by CIT (A). Accordingly, directed CIT (A) ...

Bangalore reviewed an appeal by Manoj Kumar Ekambaram Arcot regarding the denial of exemption under Section 54 of the Income Tax Act for the assessment year 2015-16. The case was initially scrutinized ...

Foreigners working in Vietnam are required to participate in the compulsory social insurance (SI) program and health ...

Working for yourself can have a lot of benefits, but taxes are generally not one of them. When self-employed, you are ...

Key takeaways Some states offer deductions for 529 plan contributions up to certain limits. 529 plan contributions and ...

A proponent of a tax deduction decried as “abusive” is now advising the agency that manages US government property.

Side hustles have become a vital financial tool, offering individuals the opportunity to diversify income, boost savings, and ...

An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.