The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

It took decades to happen but Texas has joined the ranks of states where parents can support their children’s private or ...

A Republican plan to expand private school vouchers nationwide was dealt a major setback when the Senate parliamentarian said ...

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company, announced today the launch of Target Income Choice™, a new fixed index annuity (FIA) ...

From choosing tax regime to cross referencing information through 26AS, salaried taxpayers must be aware of the points ...

Filing Income Tax Return (ITR) by salaried taxpayers Form 16: It is a TDS certificate issued by an employer to an employee. It is proof that the employer deposited the tax with the tax authorities.

ITR Filing 2024-25: The Income Tax Department (I-T Department) extended the ITR filing deadline from July 31, 2025, to September 15, 2025, today (Tuesday, May 27, 2025). It is more than one and a half ...

Taxpayers who own rental real estate must file Schedule E to report any income or loss generated from their property. On this tax form, you’ll detail all of the income and expenses for each of ...

An income tax return (ITR) form is a format in which income is reported to the tax department for tax payments. The choice of the correct ITR form is crucial, as filing the wrong one may lead to ...

However, individuals can opt for the old tax regime by submitting Form 10-IEA. For those without income from business or profession, the regime choice can be changed every year.

Taxpayers can now file their returns for FY 2024–25 using the latest ITR forms notified by the Income Tax Department. Forms ITR-1 to ITR-5 are already available, with updated eligibility rules ...