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You Searched For "how to save tax on income" and got 20 results


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2 mins read

Planning for your retirement in your 20s? Here's why it is a smart move!

More women are prioritizing retirement planning, recognizing its importance for their longer lifesp…

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3 mins read

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…

Allie Kelly   


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2 mins read

October is the most popular time to use this tax-savings strategy to offset thousands of dollars in income: Morgan Stanley

October appears to be when investors most frequently employ the tax-savings method as the end of th…

William Edwards   


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3 mins read

How rich Americans can save on taxes by giving stock and real estate to their parents

The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…

Hayley Cuccinello   


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2 mins read

Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept

The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…

PTI   


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5 mins read

This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'

Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…

Hayley Cuccinello   


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5 mins read

From ALICEs to HENRYs, here's what people across the tax brackets discuss in therapy

Therapists shared what their clients talk about with Business Insider. While ALICEs struggle with t…

Serafina Kenny   


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3 mins read

Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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2 mins read

2 maps show how Americans rely on income like Social Security more than they used to

An aging population and high healthcare costs mean that more Americans are leaning on government as…

Allie Kelly,Madison Hoff   


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3 mins read

Using tax credits and rebates to your advantage could save you thousands on a new electric vehicle

Federal and state tax credits can give you money back for buying an electric car.

Nora Naughton,Alexa St. John   


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1 min read

First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary

The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…

PTI   


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6 mins read

How a free meal cost an investor his retirement savings

Fancy restaurants with presentations are a common practice in the industry, says one financial plan…

Laila Maidan   


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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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2 mins read

ITR Filing: Today is the last day to file your income tax returns, so file today to avoid penalties

You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,00…

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2 mins read

Four budgeting hacks for young professionals who want to master their money

Contrary to popular belief, budgeting isn’t about being stingy.

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6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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3 mins read

A $2.30-a-day basic income trial is trying to save the Amazon rainforest

Universal basic income is usually aimed at social or economic benefits. But a $2.30-a-day trial in …

Mia Jankowicz   


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3 mins read

Five things to remember as you file your ITRs at the last minute

ITR-1 form is designed for resident individuals who have income from salary, one house property, an…

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3 mins read

ITR filing: Documents you need to file your income tax return

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS …

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3 mins read

Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …