The Finance Bill 2026 introduces retrospective amendments to the Income-tax Act, 1961, addressing key court rulings. These changes clarify time limits for transfer pricing assessments, validate the ...
Get major spending power, solid rewards, and other VIP perks with these high-limit credit cards. Here are our three top picks for early 2026.
The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...
Finance Minister Nirmala Sitharaman will present Budget 2026 in a matter of just few hours. Ahead of the Union Budget 2026, ...
This Budget doesn't have a big-ticket tax break like last year, but it does have small tweaks and announcements that could impact you. Here's the list.
Under the new tax regime for FY27, salaried individuals below 60 years of age will continue to pay no tax on income up to ₹4 lakh. Income between ₹4 lakh and ₹8 lakh will be taxed at 5%, ₹8 lakh to ...
Retirement savings streamlined by removing 12% tax ceiling on employer Provident Fund contributions and providing companies ...
In her Union Budget 2026 speech, Nirmala Sitharaman said the deadline for filing ITR-1 and ITR-2 will continue to be July 31.
The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income levels starting at $500,000 in adjusted gross income for 2025 and the benefit ...
Taxpayers, such as those in Zuch and Murrin, can face unique circumstances where the law overrides their intentions.
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 ...
High earners age 50 and older may lose the pre-tax 401(k) catch-up option in 2026. Here's how the new rule works and how to adjust your savings strategy.