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Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
Budget 2024: How will long-term capital tax change your real-estate investments post-budget?
There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…
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…
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 …
Removal of indexation benefit will lead to huge inflow of black money in real estate: Raghav Chadha
Asking the government to roll back the proposal, Chadha, while taking part in the discussion on the…
PTI
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 …
Decoding capital gains taxes: What FM Nirmala took from your pocket, what she gave you in Budget 2024
All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
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.…
HDFC Life Q1 results: Profit after tax surges to Rs 478 crore, AUM crosses Rs 3 lakh crore
HDFC Life's Q1FY25 results saw 31% YoY growth in individual APE, total assets at Rs 3,10,244 crore,…
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
Claiming tax exemption showing rent paid to relatives? Five things to keep in mind
If you are employed, and receive a house rent allowance (HRA) as part of your salary, you have the …
How to compare your tax liability in old and new tax regimes
Finance Minister Nirmala Sitharaman, during the 2023-24 Budget, announced that the new tax regime h…
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
Income tax bonanza, capex push emerge as the stars of Budget 2023-24
An upward revision in income tax slabs and a continued push on capital expenditure investments emer…
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…
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
Jeff Bezos' Miami move could save him $600 million in taxes on stock sale
The Amazon founder plans to sell 50 million Amazon shares by January 2025. His relocation to Miami …
Tom Carter
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
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…