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Are you moonlighting? Here is what to know when filing your taxes
Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…
Presumptive taxation: The scheme that eases burden on small businesses
Running a small business or a professional service can often involve a single person or a few peopl…
Central Board of Direct Taxes notifies cost inflation index for 2023-24
The cost inflation index (CII) for 2023-24 relevant to assessment year 2024-25 stood at 348, accord…
How much Bill Gates pays in property taxes on his pricey real estate portfolio
Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he pay…
Madeline Berg
Tax saving countdown – With 2 months to go, options to consider under 80C
Now that we have stepped into the new year, there are just three months left before the current fin…
How to file income tax return online for salaried employees 2022-2023
If you are new to filing income tax returns online, you must know that it is a very easy process. V…
4 Uber and Lyft drivers calculated how much they made after expenses. It ranged from $22 to $40 an hour, and an EV, tips, and tax incentives can make a big difference.
How much Uber and Lyft drivers earn per hour after expenses like gas and EV charging can be hard to…
Jacob Zinkula
The 10 big US cities with the worst 'singles tax' on renters living alone
Single New Yorkers are paying over $20,000 more a year to live alone.
Juliana Kaplan,Madison Hoff
Interest income from your investments is taxable - here's how to calculate what you owe and ways to lower it
Most interest income is taxable on both federal and state levels, and you pay taxes on interest inc…
Janet Berry-Johnson
26 billionaires, including Elon Musk and Jeff Bezos, paid just a fraction of the taxes the average American owes
A new analysis finds that Elon Musk had an average tax rate of just 2.1% on his wealth growth from …
Juliana Kaplan,Madison Hoff
How to calculate taxable Income in 2019-20 in old tax regime
Know the current income tax slabs for different salary ranges: …
What is a bond? How to earn a steady stream of income by loaning money to a business or government
Bonds represent the ownership of debt and allow individuals to diversify their portfolios while mit…
Amena Saad
How to calculate house rent allowance while computing income tax
House Rent Allowance (HRA) is provided to an employee to cut down the income tax liability. Th…
America's 10 richest people including Elon Musk and Jeff Bezos — would pay up to $215 billion in taxes on unrealized stock gains under Biden's new plan. They currently pay next to nothing.
President Joe Biden wants to tax billionaires more. A leading economist estimates the top 10 billio…
Juliana Kaplan,Joseph Zeballo…
Biden wants to make sure billionaires pay at least a 20% income tax including on their massive pandemic-era stock gains
Billionaires added $1.7 trillion to their cumulative wealth during the pandemic. President Biden's …
Juliana Kaplan,Joseph Zeballo…
You'll save ₹78,000 more under new income tax slabs if you earn less than ₹15 lakh
A person whose income is ₹15 lakh earlier had to pay ₹2,73,000 in tax. After the revised rates, he …
How Income Tax Is Calculated
To know how income tax is calculated in India, you must first know about the income tax slabs. I…
If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000
The government’s new tax regime isn’t for everyone. If you earn less than ₹13 lakh per annum, it mi…
How much do Uber and Lyft drivers really make? It varies wildly depending on tips, car expenses, and how they calculate profits.
How much Lyft and Uber drivers make per ride varies depending on tips and expenses.
Jacob Zinkula
Biden's plan to tax billionaires relies on one simple fact: Average Americans pay more of their income in taxes than the wealthy
A famous report from two Berkeley economists shows how the wealthiest Americans pay a lower effecti…