You Searched For "tax deduction" and got 20 results
Sort By:
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…
Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist
Note that unless you specifically opt for the old regime, the new tax regime is considered as your …
Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department
The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…
PTI
Opted for the new tax regime? Here are the allowances and deductions you can still avail
Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…
The door is slamming shut on a $50 billion tax loophole used by the superrich
The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 bill…
Geoff Weiss
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…
Why you should start your tax-saving investments now and not wait any further
If you have opted for the old tax regime, you have several tax-saving options to choose from. If yo…
Falling birth rates are freaking countries out and spawning dubious fixes like tax breaks, cheaper cars, and free surgery
Countries are trying everything to combat declining fertility rates, with some eye-popping approach…
Joshua Zitser
Made a mistake while filing tax returns? Here’s how to file a revised ITR
The process of revising a tax return involves making necessary updates and corrections to a previou…
Changed your job in the last financial year? Here’s how to get your tax filing in place
If you have changed your job recently, any time before 31 March 2023, you need to be more careful w…
Deductions for megamansions and Ferraris: The IRS details tax dodges by the ultra-wealthy and says it recently squeezed 100 millionaires for $122 million in missing taxes
The IRS is ramping up enforcement on the ultra-wealthy, and it's already raked in about $160 millio…
Juliana Kaplan
Received a tax mismatch notice from the IT department? Here is how to set it right
An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …
ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies
To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…
Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip
MakeMyTrip, an online travel service provider, believes that banks should be responsible for deduct…
PTI
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…
5 popular deductions you can claim under Section 80C in 2023-24
Among all the different sections that provide deductions under the old tax regime, 80C is the most …
Do you have 7,513 unread emails in your inbox? Research suggests that's unwise
How do you manage your emails? Are you an "inbox zero" kind of person, or do you just leave thousan…
PTI
The tax deductions you can claim if you have a home loan in 2023-24
When deciding which tax regime to opt for, those with a home loan may prefer the old tax regime, as…
ELSS Mutual Fund: A way to claim tax deduction while enjoying market-linked returns
ELSS funds have a lock-in period of three years, meaning that investors are not allowed to withdraw…
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…