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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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5 mins read

It's tax season. Here's what to do if you get a rebate.

If you do snag a rebate, what should you do with it? It's a question plenty of Americans contemplat…

Dan DeFrancesco   


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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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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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2 mins read

Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.

A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…

Katie Balevic   


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3 mins read

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…

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2 mins read

IT department declares 363 as cost inflation index for current fiscal

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

PTI   


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2 mins read

With COVID expenses rising, taxpayers need more than an insurance rebate, says a wealth manager ⁠

The ongoing COVID-19 crisis has made healthcare more expensive and unaffordable for the Indian midd…

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4 mins read

India’s Income Tax Burden: Mere 0.3% of adult population account for 76% of total personal IT receipts

Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …

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'With COVID expenses rising, taxpayers need more than an insurance rebate', says a wealth manager

Aarti Desikan ED, Anand Rathi Wealth says that with COVID expenses rising, taxpayers need more than…

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5 mins read

How to cash in on the new wave of electric car tax credits and rebates that could save you thousands on a new ride

Discover EV savings with Federal and state tax credit claims that give you money back for buying an…

Alexa St. John   


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4 mins read

Budget 2022: Expectations for hike in tax deduction on home loans

The 66 per cent young population - below 35 years of age, are emerging as young millennial borro…

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1 min read

Hyundai is offering EV buyers up to $7,500 cash after missing out on tax credits

Bonuses are on offer for Ioniq 5, Ioniq 6, or Kona Electric buyers before January 31 after Hyundai …

Tom Carter   


Hannah Getahun   


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1 min read

Biden says he's considering a federal gas-tax holiday and sending Americans gas-rebate cards to alleviate pain at the pump

Biden is weighing a pause on the federal gas tax of 18.4 cents a gallon as Americans feel the pinch…

Sarah Jackson   


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3 mins read

Two tax regimes & rise of freelancers drive people to tax experts, chartered accountants

The option of the new and old tax regimes and complex taxation laws require the assistance of exper…

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2 mins read

Biden's EV tax credit just got a major change to help you buy a car — but way fewer options are available

The $7,500 (or $3,750) rebate can now be taken at the time you buy a car, but there are a lot fewer…

Graham Rapier,Associated Press   


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3 mins read

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 …

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2 mins read

A group of California lawmakers wants to send a $400 gas rebate to every taxpayer in the state to offset soaring fuel prices

California has the highest gas prices in the US, partly from taxes and higher refining standards, w…

Sarah Jackson   


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3 mins read

Should you invest in ELSS funds?

Equity Linked Savings Scheme (ELSS) is a tax-efficient investment option under Section 80 C, allowi…