Tax season can be burdensome. For homeowners, understanding key differences and legal changes could lower their tax bill.

At present, taxpayers residing in Mumbai, Delhi, Kolkata and Chennai can claim HRA exemption of up to 50% of their salary.

Money expert issued a stark alertto cohabiting couples who are not married about a key exemption they cannot access ...

New draft income tax rules for 2026 suggest higher limits for several allowances. Taxpayers in the old tax regime can save ...

McCOOK, Neb. - During his biweekly legislative call on Thursday, Sen. Dave Murman outlined his views on property tax reform and the Legislature's broader movement toward a consumption-based tax system ...

Personal finance experts has explained how key tax works and warned unmarried couples they could lose out on thousands ...

Central Board of Direct Taxes has released draft Income-tax Rules and Forms to simplify compliance under the Income-tax Act, 2025, cutting paperwork, raising PAN thresholds, and expanding tax-free ...

The Tribunal ruled that interest earned on Government grants parked under official directions cannot be divorced from the original grant. Denial of exemption was found to defeat the purpose of section ...

The gift tax limit affects how much can be given each year without tax consequences. See what counts as a gift and when ...

The government is set to implement the new Income Tax Act, 2025 from April 1, 2026, bringing significant changes to how ...

The rules clearly define thresholds for “significant economic presence”, bringing more non-resident digital businesses and ...

The Tribunal held that capital gains must be computed using the final stamp value determined after litigation, not an earlier inflated valuation, and directed deletion of the resulting ...