In the new income tax regime, a salary of ₹14.65 lakh can result in zero tax liability through strategic deductions. Here is ...

Filing an ITR is crucial not just for compliance, but also to take advantage of available tax rebates and avoid penalties.

The basic income exemption limit has also been raised to ₹4 lakh. However, individuals earning less than ₹4 lakh or between ₹4 lakh and ₹12 lakh are still required to file their Income Tax Returns ...

According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...

Tax preparation companies define simple returns differently, but most free filing services are limited to basic Form 1040 ...

Treat tax planning as an ongoing process rather than a one-time activity to avoid last-minute jitters for saving on taxes.

People on the full New State Pension will not pay income tax but those with extra income through employment, private or ...

Basic personal amount would increase, and small biz tax rate would drop while threshold would increase to $700K ...

With an improved contribution framework and tax benefits, the new NPS rules mark a pivotal shift in how government employees ...

HMRC has issued a huge update for hundreds of thousands of people affected by a state pension error. The Department for Work and Pensions recently said it has “basically finished” a ...

Martin Lewis, the go-to money-saving expert, has issued an urgent call to all couples, insisting they take advantage of a ...