Income tax slab for AY 2025-26: Which is better, the old tax regime or the new tax regime?
Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...
Canada's income tax thresholds have increased — here's how much you'll pay this year
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).
How to reduce your tax bill as self assessment deadline approaches
Whether you run a business or are self-employed, "effective tax planning can significantly reduce your tax obligations", said ...
11 Tax Deductions You Can Take If You Have Rental Income
If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...
3 Tax-Planning Numbers All Employees Should Know In 2025
January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...
Trump promised to cut tax on tips. That’s trickier than it sounds
Cindy Kramer, 38, works well over 60 hours a week juggling four different jobs in Staten Island, New York, to support her child and make ends meet. Two of those jobs are bartending.
How to Build a Tax-Smart Retirement Income Plan in 5 Steps
By creating a tax-smart retirement income plan, you can better manage your tax burden to ensure you have enough income to enjoy your golden years.
India Today4h
Budget 2025: Does old tax regime still make sense or should it be scrapped?
As Budget 2025 approaches, whispers of scrapping the old income tax regime have grown louder. Has the old regime lost its ...
I am a freelancer and I work for foreign clients. How can I reduce my tax outgo and also invest in tax savers?
Freelancing allows for flexibility in both work and schedule, although there is no guarantee of steady work. As a freelancer, ...
Ask the Hammer: Is Social Security Income Tax-Free?
In a recent episode of "Ask the Hammer," financial expert Jeffrey Levine from Buckingham addressed a common concern among Social Security recipients: the potential need for tax withholding on their ...
Trump Has Promised to Lower Taxes: Will It Actually Make You More Money?
Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax ...
What is 'Income Tax Department'
Income Tax Department (ITD) in India is a government body that handles the collection and management of direct taxes. Income Tax Department falls under the Department of Revenue, which is part of the ...