You Searched For "income tax rules" and got 20 results
Sort By:
4 mins read
Home loan tax deductions: Self-occupied vs rented, the differences
Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…
1 min read
GST Council likely to levy 18% tax rate on corporate guarantees for loans
The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …
5 mins read
I'm a tax lawyer who helps wealthy people move to lower their taxes — and prepare for residency audits
Wealthy people have been moving out of high-tax states like New York for cheaper locations like Flo…
Jordan Pandy
6 mins read
Have income from foreign source? Keep this in mind while filing taxes
The Income-tax Act, 1961 does not provide a specific definition for the term 'foreign income.' Gene…
2 mins read
South Africa could be the first-ever country to provide a no-strings-attached universal basic income
The African National Congress said it would create a national universal basic income program within…
Kenneth Niemeyer
4 mins read
ITR filing deadline is today – If you miss it, there are more consequences than just a penalty
The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…
2 mins read
Revamped income tax portal: Five new features we like the most
The new and revamped income tax portal is here and a visit shows a completely new look design which…
4 mins read
How a Montana retiree will save on spiking home insurance and taxes by living in a type of housing that's illegal in many places
Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging th…
Eliza Relman
4 mins read
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
3 mins read
Decoding Section 80D: The healthcare-related tax deductions available to you
When we think of financial planning, we think of investments, tax planning, retirement planning, an…
1 min read
Enforcement Directorate files case against BBC for irregularities in foreign funds
The Enforcement Directorate has filed a case against BBC India under Foreign Exchange Management Ac…
ANI
4 mins read
All you need to know about linking Aadhaar to PAN
You can go to the Income Tax India website and link your PAN with Aadhaar by paying a late fee of ₹…
2 mins read
Mark Cuban says he's proud to pay $288 million in taxes this year, unlike a certain former president
"This country has done so much for me, I'm proud to pay my taxes every single year," Cuban wrote on…
Kwan Wei Kevin Tan
5 mins read
How to calculate income tax on stock market earnings
Incomes of all kinds are taxable. While a few financially sound people understand the tax calculati…
3 mins read
Here's a rule of thumb about making money
There are two ways to make money: 1) get paid to do things and 2) own things. People who make fortu…
Henry Blodget
5 mins read
Why Republicans are fighting the basic-income programs many cities and states are adopting: 'Is money a birthright now?'
Republican lawmakers from five states are seeking to ban guaranteed basic-income programs, citing c…
Noah Sheidlower,Allie Kelly
3 mins read
With the new TDS rule, every time you make a payment, you must ask if the receiver has filed tax returns in last two years
“Suppose you are making payment to a contractor. And, when you’re getting the work executed, you’re…
3 mins read
Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means
The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…
2 mins read
These are the new changes in taxation that have kicked in from April 1
With the start of the new financial year, there are several changes in regards to taxation, deducti…
4 mins read
A new Houston-area basic income program sending out $500 a month to residents with no strings attached had an acceptance rate lower than Harvard or Yale
Uplift Harris, a guaranteed income program in Texas, accepted just over 2% of applicants, or nearly…