Southern California voters in the eastern Orange County 40th Congressional District like President Donald Trump well enough, ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

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

One proposal by Stephen Moore, President Donald Trump’s chief economic adviser, would double the limit to as much as ...

Amendments made vide the Finance (No. 2) Act of 2024, Finance (No. 1) Act of 2024 and Finance Act of 2023 in respect of rates ...

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...

The new Income Tax Bill, tabled today in the Lok Sabha, retains all the deductions and exemptions but under new section ...